Peel Hunt Reiterates “Buy” Rating for Ascential (ASCL)
Several other equities research analysts have also recently weighed in on the stock. Shore Capital restated a top pick rating on shares of Ascential in a research report on Thursday, January 3rd. Berenberg Bank upgraded shares of Ascential to a buy rating and boosted their price target for the stock from GBX 400 ($5.23) to GBX 470 ($6.14) in a research report on Thursday, January 3rd. Goldman Sachs Group boosted their price target on shares of Ascential from GBX 529 ($6.91) to GBX 532 ($6.95) and gave the stock a buy rating in a research report on Friday, December 14th. Finally, Barclays restated an equal weight rating and issued a GBX 370 ($4.83) price target on shares of Ascential in a research report on Thursday, December 6th. Two investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of Buy and an average price target of GBX 474.63 ($6.20).
Shares of ASCL opened at GBX 405 ($5.29) on Tuesday. Ascential has a fifty-two week low of GBX 303.70 ($3.97) and a fifty-two week high of GBX 421 ($5.50).
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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