Ascential (LON:ASCL) Rating Reiterated
The firm have set price target of GBX 290.00 on Ascential (LON:ASCL) shares. This is 25.95 % from the current stock price. In an analyst note issued to investors and clients on 1 April, Deutsche reiterated their Buy rating on shares of ASCL.
LON:ASCL is right now trading 0.11% higher at GBX 230.25 as of 21:34 London time. Ascential’s stock is down -38.86% in the past 200 days. It has underperformed the S&P 500 Index, which has dropped -1.12% in the same time.
According to data compiled by Thomson Reuters, Ascential (LON:ASCL)’s stock is covered by 4 equity analysts across the Street, with 0 analysts giving it a Sell rating, 0 a Buy rating, while 0 consider it a Hold. The 12-month consensus target price for the stock is GBX 284.5, which reflects an upside potential of 23.56% over the current price.
LON:ASCL Price Chart & Trend
Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models
Ascential (LON:ASCL) Profile
Ascential plc is a United Kingdom-based business-to-business media company with a focus on essential products that connect and inform business professionals. The Company operates through two segments: Exhibitions & Festival, and Information Services. Its Exhibitions & Festivals segment organizes large-scale exhibitions, congresses and festivals, where customers come together to form business relationships and transact, with key products, including Cannes Lions, Spring/Autumn Fair, Money20/20 and Bett.
Ascential (LON:ASCL) traded up 0.11% on 1 April, hitting GBX 230.25. A total of 559,997 shares of the company’s stock traded hands. This is up from average of 89,118 shares. Ascential has a 52 week low of GBX 199.00 and a 52 week high of GBX 250. The company has a market cap of 922.25 million GBX and a P/E ratio of 57.2.
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The post London: Ascential (LON:ASCL)’s Stock Had Its Buy Rating Restated at Deutsche in Report Issued Today. Has GBX 290.00 Target appeared first on Octafinance.