Ascential PLC (ASCL) Given Average Rating of “Buy” by Brokerages
Ascential PLC (LON:ASCL) has been given a consensus rating of “Buy” by the nine ratings firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and six have given a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is GBX 382.17 ($4.94).
A number of analysts have recently commented on the company. Peel Hunt lowered Ascential PLC to a “hold” rating in a research note on Monday, September 4th. Barclays PLC assumed coverage on Ascential PLC in a research note on Tuesday. They set an “underweight” rating and a GBX 330 ($4.26) price target on the stock. Deutsche Bank AG reissued a “hold” rating and set a GBX 350 ($4.52) price target on shares of Ascential PLC in a research note on Tuesday, July 25th. Shore Capital reissued a “buy” rating on shares of Ascential PLC in a research note on Friday, May 26th. Finally, Numis Securities Ltd reissued a “buy” rating and set a GBX 375 ($4.84) price target on shares of Ascential PLC in a research note on Monday, July 3rd.
Shares of Ascential PLC (LON:ASCL) traded down 0.11% during mid-day trading on Friday, reaching GBX 368.20. The company’s stock had a trading volume of 702,961 shares. The company has a 50-day moving average of GBX 366.89 and a 200-day moving average of GBX 339.28. Ascential PLC has a 12 month low of GBX 255.20 and a 12 month high of GBX 392.00. The firm’s market cap is GBX 1.47 billion.
The business also recently disclosed a dividend, which will be paid on Friday, September 29th. Stockholders 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 dividend 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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