Ascential Plc (LON:ASCL) Hold Rating Maintained at Peel Hunt; With GBX 375.00 Target; Perficient Has 1.23 Sentiment

February 6, 2018 - By Shannon Black

The broker have set price target of GBX 375.00 on Ascential Plc (LON:ASCL) shares. This is 7.45% from the previous close. In a report revealed to investors on Tuesday morning, Peel Hunt restate their Hold rating on shares of ASCL.

Perficient, Inc. provides information technology and management consulting services in the United States. The company has market cap of $646.85 million. The firm designs, builds, and delivers solutions using middleware software products developed by third-party vendors. It has a 40.28 P/E ratio. The Company’s solutions include platform implementations services, including application server selection, architecture planning, installation and configuration, clustering for availability, performance assessment and issue remediation, security, and technology migrations; and portals and collaboration, such as searchable data systems, collaborative systems for process improvement, transaction processing, unified and extended reporting, and other services.

Ascential plc operates as an international business-to-business media firm in the United Kingdom and internationally. The company has market cap of 1.40 billion GBP. The companyÂ’s Exhibitions & Festivals segment organizes large-scale exhibitions, congresses, and festivals where clients come together to form business relationships and transact. It has a 38.78 P/E ratio. This segmentÂ’s principal services and products include Cannes Lions, a festival for creativity in the branded communications industry; Spring and Autumn Fair trade exhibitions; and Money20/20, a payments and financial services congress.

Among 9 analysts covering Ascential Plc (LON:ASCL), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 56% are positive. Ascential Plc has GBX 440 highest and GBX 250 lowest target. GBX 386.88’s average target is 10.85% above currents GBX 349 stock price. Ascential Plc had 79 analyst reports since March 21, 2016 according to SRatingsIntel. The company was maintained on Wednesday, November 1 by Shore Capital. The firm has “Buy” rating by Numis Securities given on Monday, July 3. The rating was downgraded by Peel Hunt on Tuesday, November 29 to “Add”. The rating was upgraded by Goldman Sachs on Friday, January 13 to “Conviction Buy”. The stock of Ascential plc (LON:ASCL) has “Buy” rating given on Thursday, August 25 by Numis Securities. Numis Securities maintained it with “Buy” rating and GBX 405 target in Tuesday, July 25 report. The firm has “Hold” rating given on Thursday, June 15 by Deutsche Bank. Peel Hunt maintained the shares of ASCL in report on Thursday, August 3 with “Add” rating. The firm has “Buy” rating given on Friday, August 26 by Deutsche Bank. The firm earned “Neutral” rating on Tuesday, August 2 by BNP Paribas.

The stock decreased 1.13% or GBX 4 during the last trading session, reaching GBX 349. About 399,229 shares traded. Ascential plc (LON:ASCL) has 0.00% since February 6, 2017 and is . It has underperformed by 16.70% the S&P500.

The stock decreased 3.39% or $0.65 during the last trading session, reaching $18.53. About 189,950 shares traded or 26.31% up from the average. Perficient, Inc. (PRFT) has declined 18.67% since February 6, 2017 and is downtrending. It has underperformed by 35.37% the S&P500.

Analysts await Perficient, Inc. (NASDAQ:PRFT) to report earnings on February, 27. They expect $0.28 EPS, up 40.00% or $0.08 from last year’s $0.2 per share. PRFT’s profit will be $9.77 million for 16.54 P/E if the $0.28 EPS becomes a reality. After $0.28 actual EPS reported by Perficient, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.