Ascential PLC (ASCL) Receives Consensus Rating of “Buy” from Brokerages

Ascential PLC (LON:ASCL) has been assigned an average rating of “Buy” from the ten ratings firms that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is GBX 383.13 ($5.20).

A number of research firms recently commented on ASCL. Shore Capital reaffirmed a “buy” rating on shares of Ascential in a research note on Wednesday. Peel Hunt lowered Ascential to a “hold” rating and increased their price objective for the company from GBX 360 ($4.88) to GBX 375 ($5.09) in a research note on Wednesday. Deutsche Bank reaffirmed a “hold” rating and set a GBX 350 ($4.75) price objective on shares of Ascential in a research note on Monday, December 4th. reaffirmed a “buy” rating and set a GBX 405 ($5.49) price objective on shares of Ascential in a research note on Tuesday, November 14th. Finally, Numis Securities reaffirmed a “buy” rating and set a GBX 405 ($5.49) price objective on shares of Ascential in a research note on Tuesday, November 14th.

Shares of Ascential (LON:ASCL) traded up GBX 0.20 ($0.00) during mid-day trading on Friday, hitting GBX 377 ($5.11). The stock had a trading volume of 283,730 shares, compared to its average volume of 429,786. The stock has a market capitalization of $1,510.00 and a PE ratio of 4,188.89. Ascential has a twelve month low of GBX 280.10 ($3.80) and a twelve month high of GBX 400.20 ($5.43).

COPYRIGHT VIOLATION WARNING: “Ascential PLC (ASCL) Receives Consensus Rating of “Buy” from Brokerages” was reported by American Banking News and is the property of of American Banking News. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of international trademark & copyright laws. The original version of this news story can be read at https://www.americanbankingnews.com/2018/01/19/ascential-plc-ascl-receives-consensus-rating-of-buy-from-brokerages.html.

About Ascential

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)

Receive News & Ratings for Ascential Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ascential and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply