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Ascential Plc (LON:ASCL) target price raised to 360.00GBX, reported today by Peel Hunt

Ascential Plc (LON:ASCL) had its target price raised to 360.00GBX by Peel Hunt in a report released 10/13/2017. The new target price indicates steady performance relative to the company's last stock close price.

Previously on 9/12/2017, Barclays Capital reported about Ascential Plc (LON:ASCL) raised the target price from 0.00GBX to 330.00GBX. At the time, this indicated a possible upside of 0%.

Yesterday Ascential Plc (LON:ASCL) traded 1.04% higher at 0.00GBX. The company’s 50-day moving average is 360.46GBX and its 200-day moving average is 344.85GBX. The last stock close price is down 1.35% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 85,322 shares of the stock were exchanged, down from an average trading volume of 746,469

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Ascential Plc (LON:ASCL)

Ascential Plc has a 52 week low of 255.20GBX and a 52 week high of 392.00GBX with a P/E ratio of 38.83 The company’s market cap is currently 0 GBX.

In addition to Peel Hunt reporting its target price, a total of 6 firms have reported on the stock. The consensus target price is 276.50GBX with 3 firms rating the stock a strong buy, 2 firms rating the stock a buy, 1 firm rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Ascential Plc (LON:ASCL)

Ascential plc is an international business-to-business media company. The Company is focused on essential products that connect and inform business professionals. It operates through two segments: Exhibitions & Festivals, and Information Services. The Exhibitions & Festivals segment organizes large-scale exhibitions, congresses and festivals, where customers come together to form business relationships and transact. Its brands include Cannes Lions, Spring/Autumn Fair and Money20/20. The Information Services segment provides industry-specific business intelligence and forecasting through digital subscription products. Its brands include WGSN and Groundsure. The Company operates a focused portfolio of approximately 20 product lines. The Company serves customers in over 150 countries through exhibitions, festivals and information services.

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