Informa plc (LON:INF) Receives GBX 900.50 Consensus Price Target from Analysts

Informa plc (LON:INF) has been assigned an average rating of “Moderate Buy” from the six ratings firms that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price target among brokerages that have covered the stock in the last year is GBX 900.50 ($12.06).

Several research firms have weighed in on INF. Berenberg Bank raised their price objective on shares of Informa from GBX 975 ($13.06) to GBX 1,010 ($13.52) and gave the company a “buy” rating in a research report on Friday, June 28th. Shore Capital restated a “buy” rating on shares of Informa in a research report on Wednesday, July 24th. Finally, Citigroup reissued a “buy” rating on shares of Informa in a research note on Thursday, July 4th.

Informa Stock Performance

Shares of LON:INF opened at GBX 832.20 ($11.14) on Monday. The business has a fifty day moving average of GBX 835.91 and a 200-day moving average of GBX 832.54. The company has a debt-to-equity ratio of 29.87, a quick ratio of 1.70 and a current ratio of 0.56. Informa has a twelve month low of GBX 684 ($9.16) and a twelve month high of GBX 886 ($11.86). The firm has a market cap of £11.07 billion, a PE ratio of 3,651.30, a price-to-earnings-growth ratio of 0.75 and a beta of 1.12.

Informa Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, September 20th. Shareholders of record on Thursday, August 8th were issued a dividend of GBX 6.40 ($0.09) per share. This represents a yield of 0.76%. The ex-dividend date of this dividend was Thursday, August 8th. Informa’s dividend payout ratio is presently 8,260.87%.

About Informa

Informa plc operates as an international events, digital services, and academic knowledge company in the United Kingdom, Continental Europe, North America, China, and internationally. It operates through four segments: Informa Markets, Informa Tech, Informa Connect, and Taylor & Francis. The Informa Connect segment delivers specialist content, and live events and on-demand experiences for professionals through in-person, live, and digital platforms and services that enables businesses and professionals to meet, network, discuss, and learn.