GlobalData (LON:DATA) Price Target Raised to GBX 300

GlobalData (LON:DATA) had its target price hoisted by equities researchers at Berenberg Bank from GBX 295 ($3.61) to GBX 300 ($3.67) in a report issued on Tuesday,Digital Look reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price target would suggest a potential upside of 63.49% from the stock’s previous close.

GlobalData Stock Performance

LON DATA traded down GBX 5.50 ($0.07) during midday trading on Tuesday, hitting GBX 183.50 ($2.25). The company had a trading volume of 1,509,546 shares, compared to its average volume of 1,543,934. GlobalData has a fifty-two week low of GBX 168.06 ($2.06) and a fifty-two week high of GBX 244 ($2.99). The stock has a market cap of £1.45 billion, a price-to-earnings ratio of 4,587.50, a P/E/G ratio of 1.52 and a beta of 0.58. The firm has a fifty day simple moving average of GBX 197.40 and a two-hundred day simple moving average of GBX 205.63. The company has a quick ratio of 0.61, a current ratio of 1.25 and a debt-to-equity ratio of 5.15.

GlobalData Company Profile

GlobalData Plc is a leading data, insights, and analytics platform for the world’s largest industries. Our mission is to help our clients decode the future, make better decisions, and reach more customers.

One Platform Model
GlobalData’s One Platform model is the foundation of our business and is the result of years of continuous investment, targeted acquisitions, and organic development.