GlobalData (LON:DATA) Stock Price Expected to Rise, Berenberg Bank Analyst Says

GlobalData (LON:DATA) had its price objective upped by equities research analysts at Berenberg Bank from GBX 295 ($3.61) to GBX 300 ($3.67) in a note issued to investors on Tuesday, MarketBeat.com reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s target price would indicate a potential upside of 63.04% from the stock’s current price.

GlobalData Stock Up 0.3 %

Shares of LON:DATA opened at GBX 184 ($2.25) on Tuesday. The company has a 50 day moving average of GBX 196.81 and a 200-day moving average of GBX 205.13. GlobalData has a one year low of GBX 168.06 ($2.06) and a one year high of GBX 244 ($2.99). The stock has a market cap of £1.45 billion, a price-to-earnings ratio of 4,600.00, a P/E/G ratio of 1.52 and a beta of 0.58. The company has a debt-to-equity ratio of 5.15, a current ratio of 1.25 and a quick ratio of 0.61.

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.