Ascential’s (ASCL) Buy Rating Reiterated at Shore Capital

Shore Capital reaffirmed their buy rating on shares of Ascential (LON:ASCL) in a research report sent to investors on Tuesday.

Several other research firms also recently weighed in on ASCL. Peel Hunt reissued a hold rating and set a GBX 400 ($5.43) target price on shares of Ascential in a research report on Wednesday, May 2nd. Citigroup boosted their target price on shares of Ascential from GBX 435 ($5.90) to GBX 475 ($6.44) and gave the stock a buy rating in a research report on Wednesday, March 14th. Barclays raised shares of Ascential to an equal weight rating and set a GBX 395 ($5.36) target price on the stock in a research report on Tuesday, February 27th. Deutsche Bank boosted their target price on shares of Ascential from GBX 415 ($5.63) to GBX 425 ($5.77) and gave the stock a buy rating in a research report on Tuesday, February 27th. Finally, Numis Securities lifted their price objective on shares of Ascential from GBX 405 ($5.49) to GBX 455 ($6.17) and gave the company a buy rating in a research note on Monday, February 26th. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Ascential currently has a consensus rating of Buy and an average price target of GBX 420.56 ($5.70).

LON:ASCL opened at GBX 409 ($5.55) on Tuesday. Ascential has a twelve month low of GBX 303.70 ($4.12) and a twelve month high of GBX 421 ($5.71).

The firm also recently disclosed a dividend, which will be paid on Friday, June 15th. Shareholders of record on Thursday, May 17th will be paid a dividend of GBX 3.80 ($0.05) per share. This represents a yield of 0.95%. This is a boost from Ascential’s previous dividend of $1.80. The ex-dividend date is Thursday, May 17th.

About Ascential

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.

Analyst Recommendations for Ascential (LON:ASCL)

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