Ascential (LON:ASCL) Receives “Buy” Rating from Shore Capital

Shore Capital reissued their buy rating on shares of Ascential (LON:ASCL) in a research report sent to investors on Friday morning, Digital Look reports.

ASCL has been the topic of a number of other reports. Deutsche Bank Aktiengesellschaft restated a buy rating on shares of Ascential in a research report on Tuesday, October 19th. Barclays reduced their target price on shares of Ascential from GBX 500 ($6.79) to GBX 490 ($6.65) and set an overweight rating on the stock in a research note on Thursday, January 6th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of Buy and a consensus price target of GBX 451.67 ($6.13).

Shares of LON ASCL opened at GBX 375 ($5.09) on Friday. The company’s 50-day simple moving average is GBX 414.87 and its 200-day simple moving average is GBX 416.41. Ascential has a 52-week low of GBX 322.20 ($4.37) and a 52-week high of GBX 456.80 ($6.20). The firm has a market cap of £1.65 billion and a price-to-earnings ratio of 10.39. The company has a quick ratio of 0.80, a current ratio of 0.91 and a debt-to-equity ratio of 41.39.

About Ascential

Ascential plc provides business-to-business information services in the United Kingdom, rest of Europe, the United States, Canada, the Asia-Pacific, the Middle East, Africa, and Latin America. The company operates through four segments: Product Design, Marketing, Sales, and Built Environment and Policy.

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Analyst Recommendations for Ascential (LON:ASCL)

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