Ascential PLC (LON:ASCL) was downgraded by investment analysts at Peel Hunt to an “add” rating in a report issued on Tuesday. They currently have a GBX 290 ($3.60) target price on the stock, up from their previous target price of GBX 285 ($3.54). Peel Hunt’s target price suggests a potential upside of 4.91% from the company’s previous close.
Several other equities research analysts also recently weighed in on the company. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 290 ($3.60) price target on shares of Ascential PLC in a research report on Tuesday, September 6th. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 350 ($4.34) price target on shares of Ascential PLC in a research report on Thursday, August 25th. Goldman Sachs Group Inc. increased their price target on Ascential PLC from GBX 278 ($3.45) to GBX 292 ($3.62) and gave the stock a “buy” rating in a research report on Monday, August 8th. Finally, BNP Paribas increased their price target on Ascential PLC from GBX 235 ($2.92) to GBX 250 ($3.10) and gave the stock a “neutral” rating in a research report on Tuesday, August 2nd. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of GBX 294.40 ($3.65).
Shares of Ascential PLC (LON:ASCL) opened at 273.80 on Tuesday. The stock’s market capitalization is GBX 599.07 million. The company has a 50 day moving average price of GBX 285.96 and a 200-day moving average price of GBX 262.09. Ascential PLC has a 52-week low of GBX 199.00 and a 52-week high of GBX 310.50.