Ascential (ASCL) Rating Reiterated by Shore Capital

Ascential (LON:ASCL)‘s stock had its “buy” rating restated by stock analysts at Shore Capital in a research report issued on Thursday.

A number of other analysts have also commented on ASCL. Peel Hunt raised Ascential to an “add” rating and boosted their target price for the company from GBX 400 ($5.23) to GBX 515 ($6.73) in a research report on Tuesday, July 10th. Deutsche Bank boosted their price objective on Ascential from GBX 425 ($5.55) to GBX 460 ($6.01) and gave the stock a “buy” rating in a report on Thursday, July 12th. Numis Securities reissued a “buy” rating and set a GBX 565 ($7.38) price objective on shares of Ascential in a report on Monday, July 23rd. Citigroup lowered Ascential to a “neutral” rating in a report on Tuesday, July 24th. Finally, Barclays boosted their price objective on Ascential from GBX 395 ($5.16) to GBX 445 ($5.81) and gave the stock an “equal weight” rating in a report on Tuesday, July 24th. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of GBX 467.78 ($6.11).

Shares of Ascential stock opened at GBX 409.80 ($5.35) on Thursday. Ascential has a one year low of GBX 303.70 ($3.97) and a one year high of GBX 421 ($5.50).

Ascential Company Profile

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.

Further Reading: Consumer behavior in bull markets

Analyst Recommendations for Ascential (LON:ASCL)

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