Ascential (LON:ASCL) Rating Reiterated by Barclays

Ascential (LON:ASCLGet Rating)‘s stock had its “overweight” rating reissued by stock analysts at Barclays in a research report issued to clients and investors on Tuesday, MarketBeat Ratings reports. They presently have a GBX 390 ($4.78) price objective on the stock. Barclays‘s price objective would indicate a potential upside of 67.24% from the company’s current price.

Several other analysts also recently weighed in on ASCL. Deutsche Bank Aktiengesellschaft lowered their price objective on Ascential from GBX 440 ($5.39) to GBX 360 ($4.41) and set a “buy” rating for the company in a research report on Thursday, June 30th. Shore Capital reiterated a “buy” rating on shares of Ascential in a research report on Monday. Finally, Berenberg Bank downgraded Ascential to a “hold” rating and decreased their target price for the company from GBX 450 ($5.51) to GBX 290 ($3.55) in a report on Wednesday. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Ascential has a consensus rating of “Moderate Buy” and an average price target of GBX 388 ($4.75).

Ascential Stock Performance

Shares of ASCL stock opened at GBX 233.20 ($2.86) on Tuesday. The company has a debt-to-equity ratio of 22.75, a quick ratio of 0.95 and a current ratio of 0.98. Ascential has a fifty-two week low of GBX 220.80 ($2.71) and a fifty-two week high of GBX 449.60 ($5.51). The stock has a 50 day moving average price of GBX 284.16 and a two-hundred day moving average price of GBX 314.01. The company has a market capitalization of £1.03 billion and a P/E ratio of 4.36.

Ascential Company Profile

(Get Rating)

Ascential plc provides specialist information, analytics, and e-commerce optimization platforms in the United Kingdom, rest of Europe, the United States, Canada, the Asia Pacific, the Middle East, Africa, and Latin America. The company operates through four segments: Digital Commerce, Product Design, Marketing, and Retail & Financial Services.

See Also

Analyst Recommendations for Ascential (LON:ASCL)

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