GlobalData (LON:DATA) Hits New 12-Month Low – Here’s Why

GlobalData Plc (LON:DATA) shares reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 84.40 and last traded at GBX 85.20, with a volume of 1502184 shares traded. The stock had previously closed at GBX 87.20.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on DATA. Berenberg Bank reissued a “buy” rating and issued a GBX 170 price objective on shares of GlobalData in a report on Wednesday, January 14th. Peel Hunt reiterated a “buy” rating and issued a GBX 245 price target on shares of GlobalData in a research report on Monday, October 20th. Deutsche Bank Aktiengesellschaft decreased 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, Shore Capital Group reissued a “buy” rating on shares of GlobalData in a report on Thursday, January 15th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, GlobalData currently has a consensus rating of “Buy” and a consensus target price of GBX 195.

GlobalData Stock Down 2.3%

The company has a quick ratio of 0.61, a current ratio of 1.25 and a debt-to-equity ratio of 5.16. The stock has a market capitalization of £602.61 million, a PE ratio of 42.60, a PEG ratio of 1.52 and a beta of 0.58. The firm’s fifty day moving average is GBX 108.72 and its 200-day moving average is GBX 118.66.

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.