Deutsche Bank AG Reaffirms Buy Rating for Ascential PLC (ASCL)
A number of other research firms have also weighed in on ASCL. BNP Paribas reissued a neutral rating and issued a GBX 290 ($3.53) price objective on shares of Ascential PLC in a research report on Wednesday, November 30th. Peel Hunt lowered shares of Ascential PLC to an add rating and increased their price objective for the stock from GBX 285 ($3.47) to GBX 290 ($3.53) in a research report on Tuesday, November 29th. Finally, Numis Securities Ltd reissued a buy rating and issued a GBX 350 ($4.26) price objective on shares of Ascential PLC in a research report on Tuesday, November 29th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of Buy and an average price target of GBX 302.40 ($3.68).
Ascential PLC (LON:ASCL) opened at 284.70 on Friday. Ascential PLC has a 12-month low of GBX 199.00 and a 12-month high of GBX 310.50. The stock has a 50 day moving average price of GBX 270.86 and a 200-day moving average price of GBX 267.47. The company’s market capitalization is GBX 926.41 million.
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Ascential PLC Company 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.
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