Ascential PLC (ASCL) Lowered to Neutral at Goldman Sachs Group, Inc. (The)

Goldman Sachs Group, Inc. (The) lowered shares of Ascential PLC (LON:ASCL) to a neutral rating in a research note released on Friday. They currently have GBX 390 ($5.13) price objective on the stock.

Several other equities research analysts have also recently weighed in on the company. Numis Securities Ltd upped their target price on Ascential PLC from GBX 375 ($4.93) to GBX 405 ($5.33) and gave the stock a buy rating in a research note on Tuesday, July 25th. Peel Hunt restated an add rating and set a GBX 325 ($4.27) target price on shares of Ascential PLC in a research note on Monday, July 24th. Shore Capital restated a buy rating on shares of Ascential PLC in a research note on Thursday. Berenberg Bank reiterated a buy rating and set a GBX 400 ($5.26) price target on shares of Ascential PLC in a report on Thursday, October 12th. Finally, BNP Paribas upgraded shares of Ascential PLC to an outperform rating in a report on Tuesday, July 18th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of GBX 365.63 ($4.81).

Shares of Ascential PLC (LON ASCL) traded down GBX 3.93 ($0.05) during mid-day trading on Friday, hitting GBX 366.07 ($4.81). The company had a trading volume of 1,680,000 shares, compared to its average volume of 789,006. Ascential PLC has a fifty-two week low of GBX 255.20 ($3.36) and a fifty-two week high of GBX 392 ($5.16).

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About Ascential PLC

Ascential plc is an international business-to-business media company. The Company is focused on essential products that connect and inform business professionals. It operates through two segments: Exhibitions & Festivals, and Information Services. The Exhibitions & Festivals segment organizes large-scale exhibitions, congresses and festivals, where customers come together to form business relationships and transact.

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