Ascential (LON:ASCL) Given New GBX 568 Price Target at Berenberg Bank

Ascential (LON:ASCL) had its price objective lifted by equities researchers at Berenberg Bank from GBX 395 ($5.11) to GBX 568 ($7.35) in a research report issued to clients and investors on Thursday, MarketBeat reports. The firm presently has a “hold” rating on the stock. Berenberg Bank’s target price would suggest a potential upside of 0.62% from the stock’s current price.

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 433 ($5.60) target price on shares of Ascential in a report on Tuesday, June 18th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 428.67 ($5.54).

Ascential Stock Up 0.4 %

Shares of LON:ASCL traded up GBX 2.50 ($0.03) during midday trading on Thursday, hitting GBX 564.50 ($7.30). The stock had a trading volume of 156,923,344 shares, compared to its average volume of 2,660,784. Ascential has a 12 month low of GBX 312.50 ($4.04) and a 12 month high of GBX 568 ($7.35). The company has a quick ratio of 0.92, a current ratio of 2.08 and a debt-to-equity ratio of 76.89. The business’s 50-day simple moving average is GBX 347.61 and its 200-day simple moving average is GBX 319.36. The company has a market cap of £1.15 billion, a P/E ratio of 28,250.00, a PEG ratio of 1.06 and a beta of 1.10.

Ascential Company Profile

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.