GlobalData (LON:DATA) Receives Buy Rating from Shore Capital

GlobalData (LON:DATA)‘s stock had its “buy” rating reiterated by analysts at Shore Capital in a report released on Thursday,London Stock Exchange reports.

Other equities research analysts have also issued research reports about the stock. Peel Hunt reaffirmed a “buy” rating and set a GBX 245 price target on shares of GlobalData in a research report on Monday, October 20th. Berenberg Bank dropped their price objective on GlobalData from GBX 260 to GBX 170 and set a “buy” rating for the company in a research note on Friday, November 28th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on GlobalData from GBX 195 to GBX 170 and set a “buy” rating for the company in a report on Monday, October 20th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, GlobalData has an average rating of “Buy” and a consensus target price of GBX 195.

GlobalData Stock Up 3.1%

Shares of LON:DATA traded up GBX 3.50 on Thursday, hitting GBX 118. 2,443,863 shares of the company traded hands, compared to its average volume of 2,335,053. The stock has a 50 day simple moving average of GBX 110.03 and a 200-day simple moving average of GBX 124.89. The company has a market cap of £839.79 million, a PE ratio of 59.00, a PEG ratio of 1.52 and a beta of 0.58. GlobalData has a 52 week low of GBX 96.80 and a 52 week high of GBX 214. The company has a quick ratio of 0.61, a current ratio of 1.25 and a debt-to-equity ratio of 5.16.

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.