Berenberg Bank Lowers GlobalData (LON:DATA) to Hold

Berenberg Bank cut shares of GlobalData (LON:DATA) to a hold rating in a research report sent to investors on Monday morning, Digital Look reports. The firm currently has GBX 1,200 ($15.79) target price on the stock, up from their prior target price of GBX 920 ($12.10).

Shares of DATA opened at GBX 1,248 ($16.42) on Monday. GlobalData has a 52 week low of GBX 291.50 ($3.83) and a 52 week high of GBX 1,420 ($18.68). The stock has a market capitalization of $1.51 billion and a price-to-earnings ratio of -283.64. The company has a debt-to-equity ratio of 74.80, a quick ratio of 0.56 and a current ratio of 0.57. The stock has a fifty day moving average of GBX 1,251.85 and a 200-day moving average of GBX 965.39.

About GlobalData

GlobalData Plc provides business information products and services across various platforms to the consumer, information communications technology, and healthcare markets. The company offers data, insight, and analysis services, as well as performance advertising services. GlobalData Plc serves customers in Europe, North America, and the Asia Pacific.

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