Ascential (ASCL) Receives Add Rating from Peel Hunt

Peel Hunt reaffirmed their add rating on shares of Ascential (LON:ASCL) in a research note issued to investors on Wednesday. The brokerage currently has a GBX 360 ($4.81) price target on the stock.

Several other equities analysts have also recently commented on ASCL. Deutsche Bank reiterated a hold rating and set a GBX 350 ($4.68) target price on shares of Ascential in a research note on Monday, December 4th. reiterated a buy rating and set a GBX 405 ($5.42) target price on shares of Ascential in a research note on Tuesday, November 14th. Numis Securities reiterated a buy rating and set a GBX 405 ($5.42) target price on shares of Ascential in a research note on Tuesday, November 14th. Shore Capital reiterated a buy rating on shares of Ascential in a research note on Friday, October 13th. Finally, Berenberg Bank reiterated a buy rating and set a GBX 400 ($5.35) target price on shares of Ascential in a research note on Thursday, October 12th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company’s stock. Ascential presently has a consensus rating of Buy and a consensus price target of GBX 370 ($4.95).

Ascential (ASCL) opened at GBX 382.20 ($5.11) on Wednesday. The firm has a market capitalization of $1,560.00 and a P/E ratio of 4,246.67. Ascential has a 12-month low of GBX 267 ($3.57) and a 12-month high of GBX 392 ($5.24).

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About Ascential

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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