Ascential PLC (LON:ASCL) was downgraded by Goldman Sachs Group, Inc. (The) to a “neutral” rating in a note issued to investors on Friday. They currently have a GBX 390 ($5.13) price target on the stock. Goldman Sachs Group, Inc. (The)’s target price would indicate a potential upside of 6.54% from the company’s previous close.
Several other analysts also recently weighed in on ASCL. Peel Hunt restated an “add” rating and set a GBX 325 ($4.27) price objective on shares of Ascential PLC in a research report on Monday, July 17th. BNP Paribas upgraded Ascential PLC to an “outperform” rating in a research report on Tuesday, July 18th. Shore Capital restated a “buy” rating on shares of Ascential PLC in a research report on Wednesday, July 19th. Deutsche Bank AG restated a “hold” rating and set a GBX 350 ($4.60) price objective on shares of Ascential PLC in a research report on Tuesday, July 25th. Finally, Numis Securities Ltd upped their price objective on Ascential PLC from GBX 375 ($4.93) to GBX 405 ($5.33) and gave the stock a “buy” rating in a research report on Tuesday, July 25th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 365.63 ($4.81).
Shares of Ascential PLC (LON:ASCL) opened at GBX 366.07 ($4.81) on Friday. Ascential PLC has a 1 year low of GBX 255.20 ($3.36) and a 1 year high of GBX 392 ($5.16).
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.
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