Analysts Set Informa plc (LON:INF) Price Target at GBX 693.33

Shares of Informa plc (LON:INFGet 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.

About Informa

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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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