GlobalData (LON:DATA) Receives Buy Rating from Peel Hunt

Key Points

• GlobalData's stock received a "buy" rating from Peel Hunt, with a price target of GBX 245, indicating a potential upside of 111.21% from its previous close.
• Multiple analysts have rated GlobalData with a "buy" consensus, with an average target price of GBX 233.33.
• Insider activity has seen significant sales, including a notable transaction where insider Michael Danson sold 20 million shares at an average price of GBX 150.

GlobalData (LON:DATA - Get Free Report)'s stock had its "buy" rating reaffirmed by research analysts at Peel Hunt in a report released on Monday,Digital Look reports. They currently have a GBX 245 price target on the stock. Peel Hunt's price target suggests a potential upside of 111.21% from the company's previous close.

Other equities research analysts have also issued reports about the stock. Deutsche Bank Aktiengesellschaft dropped their price target on shares of GlobalData from GBX 215 to GBX 195 and set a "buy" rating on the stock in a research note on Tuesday, July 15th. Berenberg Bank reissued a "buy" rating and issued a GBX 260 price target on shares of GlobalData in a report on Tuesday, August 5th. Finally, Shore Capital restated a "buy" rating on shares of GlobalData in a research note on Tuesday, July 15th. Four analysts have rated the stock with a Buy rating, According to MarketBeat, GlobalData currently has a consensus rating of "Buy" and an average target price of GBX 233.33.

GlobalData Trading Down 3.3%

Shares of DATA stock opened at GBX 116 on Monday. GlobalData has a fifty-two week low of GBX 107 and a fifty-two week high of GBX 217. The firm's 50 day moving average price is GBX 133.03 and its two-hundred day moving average price is GBX 147.70. The stock has a market cap of £827.63 million, a price-to-earnings ratio of 58.00, a price-to-earnings-growth ratio of 1.52 and a beta of 0.58. The company has a quick ratio of 0.61, a current ratio of 1.25 and a debt-to-equity ratio of 5.16.

GlobalData (LON:DATA - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported GBX 3 earnings per share for the quarter. GlobalData had a net margin of 11.96% and a return on equity of 12.99%. On average, analysts anticipate that GlobalData will post 9.6687774 EPS for the current year.

Insider Activity at GlobalData

In other GlobalData news, insider Graham Lilley sold 536,428 shares of the company's stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of GBX 143, for a total value of £767,092.04. Also, insider Michael Danson sold 20,000,000 shares of the firm's stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of GBX 150, for a total value of £30,000,000. Insiders sold 20,563,734 shares of company stock worth $3,080,805,104 in the last 90 days. 61.00% of the stock is currently owned by company insiders.

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.

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