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).
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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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