Ascential plc (ASCL) Given Consensus Rating of “Buy” by Brokerages

Ascential plc (LON:ASCL) has earned an average recommendation of “Buy” from the ten ratings firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating on the company. The average 1-year target price among brokerages that have covered the stock in the last year is GBX 381.25 ($5.11).

Several equities research analysts recently commented on ASCL shares. Peel Hunt reiterated an “add” rating and set a GBX 325 ($4.35) price target on shares of Ascential in a research note on Thursday, August 3rd. Barclays started coverage on shares of Ascential in a research note on Tuesday, September 12th. They set an “underweight” rating and a GBX 330 ($4.42) price target on the stock. Shore Capital reiterated a “buy” rating on shares of Ascential in a research note on Friday, October 13th. Berenberg Bank reiterated a “buy” rating and set a GBX 400 ($5.36) price target on shares of Ascential in a research note on Thursday, October 12th. Finally, Goldman Sachs Group lowered shares of Ascential to a “neutral” rating and set a GBX 390 ($5.22) price target on the stock. in a research note on Friday, November 10th.

Shares of Ascential (LON ASCL) traded down GBX 0.90 ($0.01) during trading hours on Thursday, reaching GBX 354.10 ($4.74). 980,565 shares of the company traded hands, compared to its average volume of 992,731. Ascential has a 12-month low of GBX 255.20 ($3.42) and a 12-month high of GBX 392 ($5.25).

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Ascential 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.

Analyst Recommendations for Ascential (LON:ASCL)

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