Liberum Capital reissued their buy rating on shares of Informa (LON:INF) in a research report report published on Monday morning, ThisIsMoney.Co.Uk reports.
INF has been the subject of a number of other reports. Barclays restated a neutral rating and issued a GBX 925 ($12.09) price objective (down from GBX 1,000 ($13.07)) on shares of Informa in a report on Thursday, October 31st. Goldman Sachs Group lowered shares of Informa to a sell rating and decreased their price objective for the stock from GBX 857 ($11.20) to GBX 723 ($9.45) in a report on Monday, October 28th. Deutsche Bank boosted their price objective on shares of Informa from GBX 930 ($12.15) to GBX 1,050 ($13.72) and gave the stock a buy rating in a report on Friday, July 26th. Morgan Stanley restated an overweight rating on shares of Informa in a report on Monday. Finally, Berenberg Bank decreased their price objective on shares of Informa from GBX 890 ($11.63) to GBX 845 ($11.04) and set a hold rating for the company in a report on Wednesday, October 23rd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have assigned a buy rating to the stock. The company has a consensus rating of Buy and an average target price of GBX 887.44 ($11.60).
Shares of INF stock traded down GBX 4.40 ($0.06) during trading hours on Monday, hitting GBX 792 ($10.35). 1,559,830 shares of the company’s stock traded hands, compared to its average volume of 3,640,000. The stock’s fifty day simple moving average is GBX 792.15 and its two-hundred day simple moving average is GBX 814.44. Informa has a 12-month low of GBX 602.80 ($7.88) and a 12-month high of GBX 900.80 ($11.77). The stock has a market cap of $9.94 billion and a price-to-earnings ratio of 32.86. The company has a quick ratio of 0.56, a current ratio of 0.59 and a debt-to-equity ratio of 51.63.
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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