Ascential - ASCL Share Forecast, Price & News

Ascential plc provides specialist information, analytics, and e-commerce optimization platforms in the United Kingdom, rest of Europe, the United States, Canada, the Asia Pacific, the Middle East, Africa, and Latin America. The company operates through four segments: Digital Commerce, Product Design, Marketing, and Retail & Financial Services. 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. Ascential plc was incorporated in 2016 and is based in London, the United Kingdom.

Analysts Set New Price Targets

ASCL has been the topic of several recent analyst reports. Shore Capital reiterated a "buy" rating on shares of Ascential in a research note on Monday, August 1st. Berenberg Bank lowered shares of Ascential to a "hold" rating and dropped their price target for the company from GBX 450 ($5.44) to GBX 290 ($3.50) in a research note on Wednesday, August 3rd. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Ascential from GBX 440 ($5.32) to GBX 360 ($4.35) and set a "buy" rating on the stock in a research note on Thursday, June 30th. Finally, Barclays reiterated an "overweight" rating and issued a GBX 390 ($4.71) price target on shares of Ascential in a research note on Tuesday, August 2nd. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of GBX 377.50 ($4.56).

Ascential Stock Performance

Shares of ASCL Stock traded up GBX 4.60 ($0.06) during trading hours on Wednesday, hitting GBX 249.60 ($3.02). The stock had a trading volume of 498,682 shares, compared to its average volume of 1,037,810. The firm has a market capitalization of £1.10 billion and a PE ratio of 4.52. Ascential has a twelve month low of GBX 220.80 ($2.67) and a twelve month high of GBX 449.60 ($5.43). The stock's 50 day moving average is GBX 278.76 and its 200 day moving average is GBX 309.88. The company has a debt-to-equity ratio of 35.04, a current ratio of 0.99 and a quick ratio of 0.92.