Shares of Informa plc (LON:INF – Get Rating) have received an average recommendation of “Moderate Buy” from the seven brokerages that are covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is GBX 693.33 ($8.20).
A number of analysts recently commented on the company. JPMorgan Chase & Co. increased their price objective on Informa from GBX 640 ($7.57) to GBX 650 ($7.69) and gave the company a “neutral” rating in a research note on Tuesday, November 15th. Shore Capital reissued a “hold” rating on shares of Informa in a research note on Monday, November 14th. Citigroup reissued a “buy” rating and issued a GBX 725 ($8.57) price target on shares of Informa in a research note on Friday, September 30th. Beaufort Securities reissued a “buy” rating and issued a GBX 750 ($8.87) price target on shares of Informa in a research note on Tuesday, November 15th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 600 ($7.09) price target on shares of Informa in a research note on Tuesday, November 15th.
Informa Stock Down 0.0 %
INF opened at GBX 612.40 ($7.24) on Friday. The company has a quick ratio of 1.70, a current ratio of 1.72 and a debt-to-equity ratio of 34.30. The firm has a market cap of £8.76 billion and a P/E ratio of 4,084.00. Informa has a 52 week low of GBX 459.80 ($5.44) and a 52 week high of GBX 628 ($7.43). The business’s fifty day simple moving average is GBX 556.16 and its 200 day simple moving average is GBX 555.10.
Informa plc operates as an intelligence, events, and scholarly research company worldwide. It operates through five divisions: Informa Connect, Informa Intelligence, Informa Markets, Informa Tech, and Taylor & Francis. The Informa Connect division delivers specialist content and live experiences through in-person and virtual events, and digital platforms and services that enables businesses and professionals to meet, connect, learn, and share knowledge.
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