GlobalData (LON:DATA – Get Free Report) had its price objective cut by analysts at JPMorgan Chase & Co. from GBX 135 to GBX 110 in a research report issued on Friday, Marketbeat reports. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 48.65% from the stock’s current price.
GlobalData Stock Performance
Shares of DATA opened at GBX 74 on Friday. The firm has a market cap of £513.76 million, a price-to-earnings ratio of 16.82, a price-to-earnings-growth ratio of 1.52 and a beta of 0.71. The company’s fifty day moving average is GBX 90.75 and its 200-day moving average is GBX 92.27. The company has a quick ratio of 0.61, a current ratio of 0.90 and a debt-to-equity ratio of 62.52. GlobalData has a 12 month low of GBX 60.60 and a 12 month high of GBX 154.
GlobalData declared that its board has approved a stock buyback program on Tuesday, June 23rd that allows the company to buyback 0 outstanding shares. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.
GlobalData Company Profile
GlobalData operates an intelligence platform that empowers leaders to act decisively in a world of complexity and change.
By uniting proprietary data, human expertise, and purpose-built AI into a single, connected platform, we help organizations see what’s coming, move faster, and lead with confidence.
Our solutions are used by over 5,000 organizations across the world’s largest industries, delivering tailored intelligence that supports strategic planning, innovation, risk management, and sustainable growth.
Strategic Priorities
GlobalData’s four strategic priorities are: Customer Obsession, World Class Product, Sales Excellence and Operational Agility.
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