Ascential PLC (ASCL) Receives Average Recommendation of “Buy” from Analysts

Ascential PLC (LON:ASCL) has earned an average rating of “Buy” from the ten research firms that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is GBX 388.89 ($5.37).

A number of equities research analysts have recently weighed in on the stock. Goldman Sachs Group lowered shares of Ascential to a “neutral” rating and set a GBX 390 ($5.39) price objective on the stock. in a report on Friday, November 10th. Shore Capital restated a “buy” rating on shares of Ascential in a report on Wednesday, November 1st. Peel Hunt restated an “add” rating and issued a GBX 360 ($4.97) price objective on shares of Ascential in a report on Monday, December 4th. BNP Paribas restated an “outperform” rating and issued a GBX 440 ($6.08) price objective on shares of Ascential in a report on Friday, February 2nd. Finally, restated a “buy” rating and issued a GBX 405 ($5.60) price objective on shares of Ascential in a report on Tuesday, November 14th.

Ascential (LON ASCL) traded down GBX 2 ($0.03) during trading on Tuesday, reaching GBX 357.20 ($4.94). 383,033 shares of the company’s stock were exchanged, compared to its average volume of 482,678. The firm has a market cap of $1,440.00 and a price-to-earnings ratio of 3,968.89. Ascential has a 12 month low of GBX 282.20 ($3.90) and a 12 month high of GBX 400.20 ($5.53).

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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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