Shore Capital Reaffirms “Buy” Rating for Ascential (LON:ASCL)

Ascential (LON:ASCL)‘s stock had its “buy” rating restated by investment analysts at Shore Capital in a research note issued to investors on Friday, Digital Look reports.

Several other equities analysts have also recently weighed in on the stock. Barclays cut their target price on shares of Ascential from GBX 500 ($6.79) to GBX 490 ($6.65) and set an “overweight” rating for the company in a research note on Thursday, January 6th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Ascential in a research report on Tuesday, October 19th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of GBX 451.67 ($6.13).

ASCL opened at GBX 375 ($5.09) on Friday. The stock has a market capitalization of £1.65 billion and a price-to-earnings ratio of 10.39. The company has a fifty day moving average of GBX 414.87 and a 200 day moving average of GBX 416.41. Ascential has a fifty-two week low of GBX 322.20 ($4.37) and a fifty-two week high of GBX 456.80 ($6.20). The company has a debt-to-equity ratio of 41.39, a quick ratio of 0.80 and a current ratio of 0.91.

Ascential Company Profile

Ascential plc provides business-to-business information services 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: Product Design, Marketing, Sales, and Built Environment and Policy.

Further Reading: How can you know how many shares are floating?

Analyst Recommendations for Ascential (LON:ASCL)

Receive News & Ratings for Ascential Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ascential and related companies with MarketBeat.com's FREE daily email newsletter.