Goldman Sachs Group Raises Informa (LON:INF) Price Target to GBX 857

Informa (LON:INF) had its price target hoisted by Goldman Sachs Group from GBX 819 ($10.70) to GBX 857 ($11.20) in a report issued on Tuesday, ThisIsMoney.Co.Uk reports. They currently have a neutral rating on the stock.

A number of other equities analysts have also recently weighed in on the stock. Peel Hunt restated a buy rating on shares of Lookers in a research report on Monday. Citigroup set a $13.00 price objective on shares of e.l.f. Beauty and gave the stock a hold rating in a research report on Monday, May 13th. Deutsche Bank upgraded shares of RDS-A from a hold rating to a buy rating in a research report on Monday, May 13th. Numis Securities restated a buy rating on shares of 3i Group in a research report on Thursday, May 16th. Finally, Credit Suisse Group restated a sell rating and set a $6.50 price objective on shares of Deutsche Bank in a research report on Monday, April 29th. Five research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus target price of GBX 870.73 ($11.38).

LON:INF opened at GBX 834 ($10.90) on Tuesday. The company has a debt-to-equity ratio of 47.06, a current ratio of 0.47 and a quick ratio of 0.28. The business has a 50 day moving average of GBX 805.77. The company has a market cap of $10.44 billion and a PE ratio of 42.34. Informa has a 12 month low of GBX 602.80 ($7.88) and a 12 month high of GBX 869.60 ($11.36).

In other Informa news, insider John Rishton bought 6,482 shares of Informa stock in a transaction dated Monday, June 3rd. The stock was acquired at an average cost of GBX 766 ($10.01) per share, for a total transaction of £49,652.12 ($64,879.29).

Informa Company Profile

Informa plc engages in business intelligence, academic publishing, and knowledge and events businesses worldwide. The company operates through Academic Publishing, Business Intelligence, Global Exhibitions, and Knowledge & Networking segments. The Academic Publishing segment publishes academic books and journals in print and digital formats for university libraries and departments, specialist research institutions, and individuals in the areas of humanities and social sciences, science, technology, and medicine.

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