Ascential PLC (LON:ASCL) Given Consensus Rating of “Buy” by Brokerages
Shares of Ascential PLC (LON:ASCL) have earned an average rating of “Buy” from the eight brokerages that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 381.33 ($4.97).
ASCL has been the topic of several analyst reports. Peel Hunt raised Ascential PLC to an “add” rating and set a GBX 325 ($4.23) target price on the stock in a report on Friday, June 23rd. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 375 ($4.89) target price on shares of Ascential PLC in a report on Monday, July 3rd. Berenberg Bank reaffirmed a “buy” rating and set a GBX 400 ($5.21) target price on shares of Ascential PLC in a report on Tuesday, June 27th. Shore Capital reaffirmed a “buy” rating on shares of Ascential PLC in a report on Thursday, June 1st. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and set a GBX 398 ($5.18) target price on shares of Ascential PLC in a report on Thursday, May 4th.
In other Ascential PLC news, insider Paul Harrison purchased 2,820 shares of the stock in a transaction on Thursday, June 8th. The shares were bought at an average price of GBX 351 ($4.57) per share, for a total transaction of £9,898.20 ($12,895.00).
Ascential PLC (LON:ASCL) traded down 0.36% on Friday, reaching GBX 357.10. The company had a trading volume of 346,883 shares. Ascential PLC has a 1-year low of GBX 236.80 and a 1-year high of GBX 364.80. The stock’s 50 day moving average is GBX 334.70 and its 200-day moving average is GBX 322.03. The stock’s market capitalization is GBX 1.43 billion.
The firm also recently declared a dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, August 31st will be given a dividend of GBX 1.80 ($0.02) per share. The ex-dividend date of this dividend is Thursday, August 31st. This represents a yield of 0.51%.
Ascential PLC Company Profile
Ascential plc is an international business-to-business media company. The Company is focused on essential products that connect and inform business professionals. It operates through two segments: Exhibitions & Festivals, and Information Services. The Exhibitions & Festivals segment organizes large-scale exhibitions, congresses and festivals, where customers come together to form business relationships and transact.
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