Ascential (ASCL) Price Target Cut to GBX 529 by Analysts at Goldman Sachs Group

Ascential (LON:ASCL) had its price target reduced by Goldman Sachs Group from GBX 540 ($7.06) to GBX 529 ($6.91) in a report published on Wednesday. Goldman Sachs Group currently has a buy rating on the stock.

A number of other equities analysts have also weighed in on the stock. Peel Hunt reiterated a buy rating and issued a GBX 485 ($6.34) price target on shares of Ascential in a report on Tuesday. Shore Capital reiterated a buy rating on shares of Ascential in a report on Thursday, November 1st. Berenberg Bank reiterated a hold rating and issued a GBX 400 ($5.23) price target on shares of Ascential in a report on Tuesday, October 2nd. Finally, Barclays decreased their price target on shares of Ascential from GBX 445 ($5.81) to GBX 440 ($5.75) and set an equal weight rating on the stock in a report on Friday, September 28th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus price target of GBX 465.50 ($6.08).

Shares of ASCL opened at GBX 362.80 ($4.74) on Wednesday. Ascential has a fifty-two week low of GBX 303.70 ($3.97) and a fifty-two week high of GBX 421 ($5.50).

About Ascential

Ascential plc provides events and advisory services in the United Kingdom and internationally. The company's Exhibitions & Festivals segment organizes exhibitions, congresses, and festivals. Its Information Services segment provides intelligence, analysis, and forecasting tools; live events and awards; and subscription content, such as real-time online resources, as well as advisory services to the various industries, including fashion, retail, property, construction, and politics, as well as for media platforms.

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