Ascential PLC’s (ASCL) “Add” Rating Reaffirmed at Peel Hunt

Peel Hunt restated their add rating on shares of Ascential PLC (LON:ASCL) in a research report released on Tuesday. Peel Hunt currently has a GBX 360 ($4.75) price target on the stock.

ASCL has been the subject of a number of other research reports. Barclays PLC initiated coverage on shares of Ascential PLC in a research note on Tuesday, September 12th. They issued an underweight rating and a GBX 330 ($4.35) price objective for the company. Deutsche Bank AG restated a hold rating and issued a GBX 350 ($4.62) price objective on shares of Ascential PLC in a research note on Tuesday, July 25th. Shore Capital restated a buy rating on shares of Ascential PLC in a research note on Friday, October 13th. Citigroup Inc. increased their price objective on shares of Ascential PLC from GBX 375 ($4.95) to GBX 410 ($5.41) and gave the company a buy rating in a research note on Thursday, July 27th. Finally, Numis Securities Ltd restated a buy rating and issued a GBX 375 ($4.95) price objective on shares of Ascential PLC in a research note on Monday, July 3rd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus price target of GBX 366.63 ($4.84).

Ascential PLC (ASCL) opened at 340.80 on Tuesday. The firm’s 50-day moving average price is GBX 350.28 and its 200 day moving average price is GBX 347.54. Ascential PLC has a 12-month low of GBX 255.20 and a 12-month high of GBX 392.00. The stock’s market capitalization is GBX 1.36 billion.

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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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