Ascential PLC (ASCL) Earns Neutral Rating from BNP Paribas
Ascential PLC (LON:ASCL)‘s stock had its “neutral” rating restated by equities researchers at BNP Paribas in a note issued to investors on Wednesday. They presently have a GBX 290 ($3.60) price target on the stock. BNP Paribas’ target price indicates a potential upside of 4.50% from the stock’s previous close.
A number of other equities research analysts have also issued reports on ASCL. Deutsche Bank AG reissued a “buy” rating and set a GBX 290 ($3.60) target price on shares of Ascential PLC in a research note on Tuesday, August 2nd. Peel Hunt reissued a “buy” rating and set a GBX 280 ($3.47) target price on shares of Ascential PLC in a research note on Sunday, August 7th. Goldman Sachs Group Inc. raised their price target on shares of Ascential PLC from GBX 278 ($3.45) to GBX 292 ($3.62) and gave the company a “buy” rating in a report on Monday, August 8th. Finally, Numis Securities Ltd restated a “buy” rating and set a GBX 350 ($4.34) price target on shares of Ascential PLC in a report on Thursday, August 25th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of GBX 302.40 ($3.75).
Ascential PLC (LON:ASCL) opened at 278.00 on Wednesday. The firm has a 50-day moving average price of GBX 285.96 and a 200 day moving average price of GBX 262.09. Ascential PLC has a one year low of GBX 199.00 and a one year high of GBX 310.50. The firm’s market capitalization is GBX 608.26 million.
About Ascential PLC
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.
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