Ascential (LON:ASCL – Free Report) had its price objective lifted by Berenberg Bank from GBX 395 ($5.11) to GBX 568 ($7.35) in a report issued on Thursday morning, MarketBeat.com reports. The firm currently has a hold rating on the stock.
Separately, Deutsche Bank Aktiengesellschaft reaffirmed a buy rating and issued a GBX 433 ($5.60) price objective on shares of Ascential in a research note on Tuesday, June 18th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of Moderate Buy and an average price target of GBX 428.67 ($5.54).
Check Out Our Latest Research Report on Ascential
Ascential Stock Performance
Ascential Increases Dividend
The company also recently declared a dividend, which was paid on Monday, June 3rd. Investors of record on Monday, May 20th were paid a dividend of GBX 128.60 ($1.66) per share. The ex-dividend date was Monday, May 20th. This is a positive change from Ascential’s previous dividend of $4.00. Ascential’s dividend payout ratio is presently 30,000.00%.
About Ascential
Ascential plc provides specialist information, analytics, and e-commerce optimization platforms in the United Kingdom, rest of Europe, the United States, Canada, China, rest of the Asia Pacific, the Middle East, Africa, and Latin America. The company operates in two segments, Marketing and Financial Technology.
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