GlobalData’s (DATA) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of GlobalData (LON:DATA) in a report released on Wednesday morning, MarketBeat Ratings reports. Berenberg Bank currently has a GBX 170 target price on the stock.

A number of other brokerages have also weighed in on DATA. Shore Capital restated a “buy” rating on shares of GlobalData in a report on Thursday. Deutsche Bank Aktiengesellschaft lowered their price target on shares of GlobalData from GBX 195 to GBX 170 and set a “buy” rating for the company in a research note on Monday, October 20th. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 245 price objective on shares of GlobalData in a research note on Monday, October 20th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, GlobalData has a consensus rating of “Buy” and an average price target of GBX 195.

GlobalData Stock Performance

Shares of DATA stock opened at GBX 120 on Wednesday. GlobalData has a 12 month low of GBX 96.80 and a 12 month high of GBX 214. The firm has a market capitalization of £854.02 million, a PE ratio of 60.00, a price-to-earnings-growth ratio of 1.52 and a beta of 0.58. The company has a current ratio of 1.25, a quick ratio of 0.61 and a debt-to-equity ratio of 5.16. The firm has a fifty day simple moving average of GBX 110.64 and a two-hundred day simple moving average of GBX 124.65.

GlobalData Company Profile

GlobalData Plc is a leading data, insights, and analytics platform for the world’s largest industries. Our mission is to help our clients decode the future, make better decisions, and reach more customers.

One Platform Model
GlobalData’s One Platform model is the foundation of our business and is the result of years of continuous investment, targeted acquisitions, and organic development. This model governs everything we do, from how we develop and manage our products, to our approach to sales and customer success, and supporting business operations.