Ascential (LON:ASCL) Price Target Raised to GBX 568 at Berenberg Bank

Ascential (LON:ASCL) had its price objective raised by analysts 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 brokerage presently has a “hold” rating on the stock. Berenberg Bank’s price target suggests a potential upside of 0.62% from the stock’s previous close.

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

Ascential Trading Up 0.4 %

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

About Ascential

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.