JPMorgan Chase & Co. Cuts GlobalData (LON:DATA) Price Target to GBX 90

by · The Cerbat Gem

GlobalData (LON:DATA – Free Report) had its target price cut by JPMorgan Chase & Co. from GBX 110 to GBX 90 in a research report released on Tuesday morning,Digital Look reports. They currently have a neutral rating on the stock.

Separately, Berenberg Bank cut their price objective on shares of GlobalData from GBX 105 to GBX 90 and set a “buy” rating on the stock in a report on Tuesday. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 148.75.

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GlobalData Stock Performance

GlobalData stock opened at GBX 58.46 on Tuesday. The company has a market cap of £382.54 million, a PE ratio of 13.29, a PEG ratio of 1.52 and a beta of 0.72. The company has a current ratio of 0.85, a quick ratio of 0.61 and a debt-to-equity ratio of 71.69. GlobalData has a 1 year low of GBX 52.61 and a 1 year high of GBX 150.50. The company’s 50-day moving average is GBX 77.51 and its two-hundred day moving average is GBX 84.25.

GlobalData (LON:DATA – Get Free Report) last issued its quarterly earnings results on Monday, September 14th. The company reported GBX 2.70 EPS for the quarter. GlobalData had a net margin of 10.84% and a return on equity of 12.09%. Equities analysts anticipate that GlobalData will post 9.6687774 earnings per share for the current year.

GlobalData announced that its Board of Directors has approved a share repurchase program on Tuesday, June 23rd that authorizes the company to buyback 0 shares. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Insider Buying and Selling

In related news, insider Michael Danson sold 20,117,282 shares of the company’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of GBX 85, for a total value of £17,099,689.70. Corporate insiders own 67.14% of the company’s stock.

GlobalData Company Profile

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GlobalData operates an intelligence platform that empowers leaders to act decisively in a world of complexity and change.

By uniting proprietary data, human expertise, and purpose-built AI into a single, connected platform, we help organizations see what’s coming, move faster, and lead with confidence.

Our solutions are used by over 5,000 organizations across the world’s largest industries, delivering tailored intelligence that supports strategic planning, innovation, risk management, and sustainable growth.

Strategic Priorities
GlobalData’s four strategic priorities are: Customer Obsession, World Class Product, Sales Excellence and Operational Agility.

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