Ascential PLC (LON:ASCL) Given Buy Rating at Goldman Sachs Group, Inc. (The)

Ascential PLC (LON:ASCL)‘s stock had its “buy” rating restated by stock analysts at Goldman Sachs Group, Inc. (The) in a research note issued on Tuesday, July 25th. They currently have a GBX 398 ($5.17) target price on the stock. Goldman Sachs Group, Inc. (The)’s price objective suggests a potential upside of 8.83% from the company’s previous close.

Several other analysts have also commented on the stock. Numis Securities Ltd increased their price target on shares of Ascential PLC from GBX 375 ($4.87) to GBX 405 ($5.26) and gave the company a “buy” rating in a research report on Tuesday, July 25th. Deutsche Bank AG reissued a “hold” rating and set a GBX 350 ($4.54) price target on shares of Ascential PLC in a research report on Tuesday, July 25th. Peel Hunt restated an “add” rating and set a GBX 325 ($4.22) price objective on shares of Ascential PLC in a report on Monday, July 24th. Shore Capital restated a “buy” rating on shares of Ascential PLC in a report on Wednesday, July 19th. Finally, BNP Paribas upgraded shares of Ascential PLC to an “outperform” rating in a report on Tuesday, July 18th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of GBX 366.86 ($4.76).

Ascential PLC (LON:ASCL) traded up 0.16% during mid-day trading on Tuesday, reaching GBX 365.70. 217,419 shares of the company’s stock were exchanged. The company’s 50-day moving average is GBX 345.32 and its 200 day moving average is GBX 329.68. The firm’s market capitalization is GBX 1.46 billion. Ascential PLC has a one year low of GBX 238.90 and a one year high of GBX 376.20.

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In other Ascential PLC news, insider Paul Harrison purchased 2,820 shares of the business’s stock in a transaction that occurred on Thursday, June 8th. The shares were bought at an average price of GBX 351 ($4.56) per share, for a total transaction of £9,898.20 ($12,849.80).

About Ascential PLC

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.

Analyst Recommendations for Ascential PLC (LON:ASCL)

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