Shore Capital Reaffirms Buy Rating for GlobalData (LON:DATA)

GlobalData (LON:DATA - Get Free Report)'s stock had its "buy" rating reissued by equities researchers at Shore Capital in a research note issued to investors on Friday, Marketbeat.com reports.

Separately, Berenberg Bank lifted their price objective on shares of GlobalData from GBX 295 ($3.92) to GBX 300 ($3.99) and gave the company a "buy" rating in a research report on Tuesday, January 14th.

GlobalData Stock Performance

DATA stock traded down GBX 8.50 ($0.11) on Friday, reaching GBX 186.50 ($2.48). 3,107,512 shares of the company were exchanged, compared to its average volume of 2,168,719. The firm has a market capitalization of £1.50 billion, a PE ratio of 44.56, a PEG ratio of 1.52 and a beta of 0.58. GlobalData has a 12 month low of GBX 128 ($1.70) and a 12 month high of GBX 244 ($3.24). The stock's fifty day moving average price is GBX 154.42 and its 200 day moving average price is GBX 179.75. The company has a debt-to-equity ratio of 5.16, a current ratio of 1.25 and a quick ratio of 0.61.

GlobalData (LON:DATA - Get Free Report) last released its earnings results on Monday, March 10th. The company reported GBX 7.50 ($0.10) EPS for the quarter. GlobalData had a return on equity of 12.99% and a net margin of 11.96%. On average, research analysts anticipate that GlobalData will post 9.6687774 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Michael Danson sold 2,000,000 shares of the firm's stock in a transaction dated Friday, February 7th. The shares were sold at an average price of GBX 195 ($2.59), for a total value of £3,900,000 ($5,184,102.09). Insiders own 66.45% of the company's stock.

About GlobalData

GlobalData Plc is a leading data, insights, and analytics platform for the world's largest industries. Our mission is to help our clients decode the future, make better decisions, and reach more customers. One Platform Model GlobalData's One Platform model is the foundation of our business and is the result of years of continuous investment, targeted acquisitions, and organic development.