Deutsche Bank Aktiengesellschaft Downgrades GlobalData (LON:DATA) to Buy

Key Points

• Deutsche Bank upgraded GlobalData’s price target to GBX 170 from GBX 98 while maintaining a “Buy” rating, implying roughly 202% upside from the reported GBX 56.30 share price.
• Analyst sentiment is broadly positive but mixed: four analysts rate the stock “Buy” and one rates it “Hold,” producing a “Moderate Buy” consensus and an average target of GBX 148.75.
• GlobalData reported quarterly EPS of GBX 2.70, a 10.84% net margin and 12.09% return on equity; however, insider Michael Danson recently sold 20.1 million shares for approximately £17.1 million.

GlobalData (LON:DATA - Get Free Report) was downgraded by equities researchers at Deutsche Bank Aktiengesellschaft to a "buy" rating in a report released on Tuesday, Digital Look reports. They presently have a GBX 170 price objective on the stock, up from their prior price objective of GBX 98. Deutsche Bank Aktiengesellschaft's price objective would indicate a potential upside of 201.95% from the company's current price.

A number of other equities analysts also recently commented on the stock. Berenberg Bank lowered their target price on shares of GlobalData from GBX 105 to GBX 90 and set a "buy" rating for the company in a research note on Tuesday. JPMorgan Chase & Co. cut their price target on GlobalData from GBX 110 to GBX 90 and set a "neutral" rating on the stock in a research note on Tuesday. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, GlobalData currently has an average rating of "Moderate Buy" and a consensus price target of GBX 148.75.

GlobalData Stock Performance

LON DATA opened at GBX 56.30 on Tuesday. The company has a debt-to-equity ratio of 71.69, a current ratio of 0.85 and a quick ratio of 0.61. The stock's 50 day simple moving average is GBX 78.66 and its 200-day simple moving average is GBX 84.79. The company has a market cap of £368.43 million, a PE ratio of 12.80, a price-to-earnings-growth ratio of 1.52 and a beta of 0.72. GlobalData has a 1-year low of GBX 52.61 and a 1-year high of GBX 153.

GlobalData (LON:DATA - Get Free Report) last posted its earnings results on Monday, September 14th. The company reported GBX 2.70 EPS for the quarter. GlobalData had a net margin of 10.84% and a return on equity of 12.09%. As a group, equities research analysts anticipate that GlobalData will post 9.6687774 EPS for the current fiscal year.

GlobalData declared that its Board of Directors has authorized a stock repurchase program on Tuesday, June 23rd that authorizes the company to buyback 0 outstanding shares. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's management believes its stock is undervalued.

Insider Buying and Selling at GlobalData

In other GlobalData news, insider Michael Danson sold 20,117,282 shares of GlobalData stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of GBX 85, for a total transaction of £17,099,689.70. 67.14% of the stock is currently owned by corporate insiders.

About GlobalData

GlobalData operates an intelligence platform that empowers leaders to act decisively in a world of complexity and change. By uniting proprietary data, human expertise, and purpose-built AI into a single, connected platform, we help organizations see what's coming, move faster, and lead with confidence. Our solutions are used by over 5,000 organizations across the world's largest industries, delivering tailored intelligence that supports strategic planning, innovation, risk management, and sustainable growth. Strategic Priorities GlobalData's four strategic priorities are: Customer Obsession, World Class Product, Sales Excellence and Operational Agility.

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