GlobalData (LON:DATA) Given Buy Rating at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of GlobalData (LON:DATA) in a research note issued to investors on Wednesday,London Stock Exchange reports. They currently have a GBX 170 price objective on the stock.

A number of other research analysts also recently weighed in on DATA. Shore Capital reissued a “buy” rating on shares of GlobalData in a research report on Thursday. Deutsche Bank Aktiengesellschaft lowered their target price on GlobalData from GBX 195 to GBX 170 and set a “buy” rating on the stock in a research note on Monday, October 20th. Finally, Peel Hunt reiterated a “buy” rating and set a GBX 245 target price on shares of GlobalData in a research report on Monday, October 20th. Four analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 195.

GlobalData Stock Up 3.1%

Shares of GlobalData stock traded up GBX 3.50 during trading hours on Wednesday, reaching GBX 118. The company’s stock had a trading volume of 2,443,863 shares, compared to its average volume of 2,335,053. The company has a debt-to-equity ratio of 5.16, a quick ratio of 0.61 and a current ratio of 1.25. The stock’s fifty day simple moving average is GBX 110.03 and its two-hundred day simple moving average is GBX 124.89. The company has a market capitalization of £839.79 million, a P/E ratio of 59.00, a P/E/G ratio of 1.52 and a beta of 0.58. GlobalData has a one year low of GBX 96.80 and a one year high of GBX 214.

About GlobalData

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.