Ascential (LON:ASCL) Rating Reiterated by Shore Capital

Ascential (LON:ASCLGet Rating)‘s stock had its “buy” rating reiterated by stock analysts at Shore Capital in a research report issued on Monday, MarketBeat.com reports.

A number of other equities research analysts have also recently commented on the stock. Peel Hunt reiterated a “buy” rating and set a GBX 470 ($6.12) price target on shares of Ascential in a report on Friday, February 11th. Berenberg Bank dropped their target price on shares of Ascential from GBX 500 ($6.52) to GBX 450 ($5.86) and set a “buy” rating on the stock in a report on Monday, March 14th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 440 ($5.73) target price on shares of Ascential in a report on Thursday, March 3rd. Finally, Barclays dropped their target price on shares of Ascential from GBX 450 ($5.86) to GBX 430 ($5.60) and set an “overweight” rating on the stock in a report on Thursday, March 3rd. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, Ascential has a consensus rating of “Buy” and an average price target of GBX 453.33 ($5.91).

LON:ASCL opened at GBX 336.60 ($4.39) on Monday. The company’s 50 day moving average price is GBX 333.29 and its 200-day moving average price is GBX 380.22. Ascential has a 52 week low of GBX 297.80 ($3.88) and a 52 week high of GBX 456.80 ($5.95). The company has a quick ratio of 0.95, a current ratio of 0.98 and a debt-to-equity ratio of 22.75. The stock has a market cap of £1.48 billion and a price-to-earnings ratio of 6.29.

In other Ascential news, insider Mandy Gradden sold 6,216 shares of the stock in a transaction that occurred on Monday, April 4th. The shares were sold at an average price of GBX 335 ($4.37), for a total value of £20,823.60 ($27,135.26).

About Ascential (Get Rating)

Ascential plc provides specialist information, analytics, and e-commerce optimization platforms in the United Kingdom, rest of Europe, the United States, Canada, the Asia Pacific, the Middle East, Africa, and Latin America. The company operates through four segments: Digital Commerce, Product Design, Marketing, and Retail & Financial Services.

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