Peel Hunt restated their buy rating on shares of Ascential (LON:ASCL) in a research note released on Tuesday. They currently have a GBX 485 ($6.34) price target on the stock.
Several other research firms also recently commented on ASCL. Goldman Sachs Group raised shares of Ascential to a buy rating and upped their price objective for the company from GBX 526 ($6.87) to GBX 540 ($7.06) in a report on Thursday, November 1st. Shore Capital reaffirmed a buy rating on shares of Ascential in a report on Thursday, November 1st. Barclays dropped their price objective on shares of Ascential from GBX 445 ($5.81) to GBX 440 ($5.75) and set an equal weight rating on the stock in a report on Friday, September 28th. Finally, Berenberg Bank reaffirmed a hold rating and set a GBX 400 ($5.23) price objective on shares of Ascential in a report on Tuesday, October 2nd. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Ascential has a consensus rating of Buy and an average target price of GBX 465.50 ($6.08).
Shares of LON:ASCL opened at GBX 362.20 ($4.73) 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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