Goldman Sachs Group reissued their buy rating on shares of Ascential (LON:ASCL) in a research note issued to investors on Tuesday morning, ThisIsMoney.Co.Uk reports.
ASCL has been the topic of a number of other reports. Barclays reiterated an equal weight rating on shares of Ascential in a report on Tuesday, July 23rd. Deutsche Bank lifted their price target on Ascential from GBX 430 ($5.62) to GBX 440 ($5.75) and gave the stock a buy rating in a report on Wednesday, July 24th. Shore Capital reiterated a buy rating on shares of Ascential in a report on Wednesday, August 7th. Morgan Stanley upgraded Ascential to an overweight rating and set a GBX 400 ($5.23) price target on the stock in a report on Friday, July 12th. Finally, Numis Securities reiterated a buy rating on shares of Ascential in a report on Friday, June 14th. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The company currently has an average rating of Buy and an average target price of GBX 468.33 ($6.12).
ASCL stock opened at GBX 367.60 ($4.80) on Tuesday. Ascential has a twelve month low of GBX 335.60 ($4.39) and a twelve month high of GBX 439.80 ($5.75). The company has a quick ratio of 1.23, a current ratio of 1.25 and a debt-to-equity ratio of 57.98. The stock’s 50 day moving average is GBX 371.58 and its 200-day moving average is GBX 368.68. The firm has a market capitalization of $1.48 billion and a PE ratio of 7.29.
Ascential Company Profile
Ascential plc provides business-to-business information services for product design, marketing, sales, and built environment and policy in the United Kingdom and internationally. It offers industry-specific business intelligence, insights, and forecasting through data and digital subscription tools. The company was formerly known as Trident Floatco PLC and changed its name to Ascential plc in January 2016.
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