Berenberg lowers target price on Ascential following Cannes Lions cancellation
6th Apr 2020 12:56
(Sharecast News) - Analysts at Berenberg lowered their target price on exhibition and festivals media specialist Ascential from 300.0p to 240.0p on Monday, stating that with events being "off the table" for the immediate future, so too were earnings.
Read moreMonday broker round-up
6th Apr 2020 12:43
(Sharecast News) - Anglo American: RBC Capital Markets downgrades to sector perform with a target price of 1,500p.
Read moreFriday broker round-up
3rd Apr 2020 12:35
(Sharecast News) - National Grid: Deutsche Bank downgrades to hold with a target price of 910p.
Read moreAscential pulls dividend, cans Cannes Lions
3rd Apr 2020 07:20
(Sharecast News) - Ascential said it was pulling its final 4p dividend and cancelling the Cannes Lions advertising conference in response to the coronavirus pandemic as it saw "significant disruption" across the marketing and communications industry.
Read moreAscential postpones Cannes festival, puts buyback on hold
18th Mar 2020 13:03
(Sharecast News) - Ascential said on Wednesday that the Cannes film festival will be pushed back from June to October 2020 due to the coronavirus pandemic, as it announced it was putting its share buyback on hold and refraining from reconfirming its guidance.
Read moreTuesday broker round-up
25th Feb 2020 13:15
(Sharecast News) - Redrow: Jefferies upgrades to buy with a target price of 981p.
Read moreAscential upbeat after 'satisfying' year
24th Feb 2020 08:35
(Sharecast News) - Ascential reported an improvement in revenue to £416.2m in its final results on Monday, up from £348.5m, making for reported growth of 19.4%.
Read moreThursday broker round-up
30th Jan 2020 15:04
(Sharecast News) - IG Group Holdings: Liberum Capital downgrades to hold with a target price of 695p.
Read moreAvast ends data provision to Jumpshot; says trading in line
30th Jan 2020 07:52
(Sharecast News) - Avast has decided to terminate the provision of data to its data analytics business, Jumpshot, with immediate effect, it said on Thursday, adding that it continues to expect "healthy growth" this year.
Read moreFTSE 250 movers: Gambling stocks fall, TI Fluid Systems climbs
5th Nov 2019 14:06
(Sharecast News) - London's second-tier was 0.35% higher at 20,230.47 in afternoon trade on Tuesday, with Rank Group and William Hill leading the index lower.
Read moreFriday broker round-up
25th Oct 2019 12:56
(Sharecast News) - AstraZeneca: Liberum upgrades to buy with a target price of 8,250p.
Read moreAscential slumps as Money 20/20 China event deferred
25th Oct 2019 10:19
(Sharecast News) - Shares of Ascential slumped on Friday after it said the Money 20/20 China event had been deferred and would not take place this year.
Read moreAscential separates older B2B brands ahead of potential sale
5th Jan 2017 09:02
(ShareCast News) - Ascential has begun preparations to sell 13 of its "heritage" business-to-business publishing and events brands as it looks to focus on those with higher growth potential. The brands have been hived off into a separate operating entity where they will develop an independent busine
Read moreAscential descends despite upbeat update
29th Nov 2016 08:25
(ShareCast News) - Ascential said second half trading has remained on track to hit full calendar-year targets, with a good performance in exhibitions, continued mixed results from the publishing arm and encouraging early signs from the acquisition of One Click Retail. The FTSE 250 group, the former
Read moreAscential declares maiden dividend as events drive first half growth
1st Aug 2016 10:07
(ShareCast News) - Ascential, the publishing and events business spun off by the Guardian in February, posted solid results in its seasonally stronger first half of the year as strong events growth made up for a flatter publishing arm. Results were pretty much as the market expected, with a maiden i
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