Liberum Capital initiated coverage on shares of Ascential (LON:ASCL) in a report released on Thursday morning, ThisIsMoney.Co.Uk reports. The firm issued a hold rating and a GBX 380 ($4.97) price objective on the stock.

Other research analysts have also recently issued research reports about the stock. Peel Hunt reiterated a buy rating on shares of Ascential in a research report on Wednesday, September 4th. Peel Hunt reiterated a buy rating and set a GBX 440 ($5.75) price objective on shares of Ascential in a research report on Wednesday, July 3rd. Goldman Sachs Group reiterated a buy rating on shares of Ascential in a research report on Tuesday, August 13th. Shore Capital restated a buy rating on shares of Ascential in a report on Wednesday, August 7th. Finally, Deutsche Bank upped their price target on shares of Ascential from GBX 430 ($5.62) to GBX 440 ($5.75) and gave the stock a buy rating in a report on Wednesday, July 24th. Three research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Ascential currently has an average rating of Buy and an average target price of GBX 459.50 ($6.00).

ASCL stock traded up GBX 8.80 ($0.11) during mid-day trading on Thursday, reaching GBX 386.40 ($5.05). 194,161 shares of the stock traded hands, compared to its average volume of 1,060,000. The company has a debt-to-equity ratio of 57.98, a quick ratio of 1.23 and a current ratio of 1.25. Ascential has a one year low of GBX 335.60 ($4.39) and a one year high of GBX 435.80 ($5.69). The stock has a market capitalization of $1.56 billion and a PE ratio of 7.67. The business has a 50-day moving average price of GBX 379.52 and a two-hundred day moving average price of GBX 368.06.

The business also recently declared a dividend, which will be paid on Friday, September 27th. Stockholders of record on Thursday, August 29th will be issued a GBX 1.80 ($0.02) dividend. This represents a dividend yield of 0.45%. The ex-dividend date of this dividend is Thursday, August 29th. Ascential’s payout ratio is presently 0.12%.

Ascential Company Profile

Ascential plc provides business-to-business information services for product design, marketing, sales, and built environment and policy in the United Kingdom and internationally. It offers industry-specific business intelligence, insights, and forecasting through data and digital subscription tools. The company was formerly known as Trident Floatco PLC and changed its name to Ascential plc in January 2016.

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Analyst Recommendations for Ascential (LON:ASCL)

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