Ascential (LON:ASCL) had its target price lifted by Numis Securities from GBX 405 ($5.60) to GBX 455 ($6.29) in a research note released on Monday, February 26th. They currently have a buy rating on the stock.
Several other equities analysts have also recently issued reports on the company. Goldman Sachs Group cut Ascential to a neutral rating and set a GBX 390 ($5.39) price target on the stock. in a research report on Friday, November 10th. Peel Hunt restated an add rating and issued a GBX 360 ($4.97) price target on shares of Ascential in a research report on Wednesday, December 27th. Shore Capital restated a buy rating on shares of Ascential in a research report on Thursday, November 9th. restated a buy rating and issued a GBX 405 ($5.60) price target on shares of Ascential in a research report on Tuesday, November 14th. Finally, Barclays boosted their price target on Ascential from GBX 315 ($4.35) to GBX 325 ($4.49) and gave the company an underweight rating in a research report on Monday, January 29th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company has an average rating of Buy and a consensus target price of GBX 420.56 ($5.81).
Shares of Ascential (LON ASCL) traded up GBX 11 ($0.15) during mid-day trading on Monday, reaching GBX 415 ($5.73). The company had a trading volume of 2,809,280 shares, compared to its average volume of 976,848. The firm has a market cap of $1,620.00 and a PE ratio of 8,300.00. Ascential has a 1 year low of GBX 303.70 ($4.20) and a 1 year high of GBX 419 ($5.79).
The firm also recently announced a dividend, which will be paid on Friday, June 15th. Shareholders of record on Thursday, May 17th will be given a dividend of GBX 3.80 ($0.05) per share. This is a boost from Ascential’s previous dividend of $1.80. The ex-dividend date of this dividend is Thursday, May 17th. This represents a yield of 0.95%.
Ascential Company Profile
Ascential plc is an international business-to-business media company. The Company is focused on essential products that connect and inform business professionals. It operates through two segments: Exhibitions & Festivals, and Information Services. The Exhibitions & Festivals segment organizes large-scale exhibitions, congresses and festivals, where customers come together to form business relationships and transact.
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