Deutsche Bank AG Reaffirms “Buy” Rating for Informa Plc (INF)
Other research analysts have also issued research reports about the company. BNP Paribas boosted their price target on Informa Plc from GBX 660 ($8.62) to GBX 690 ($9.01) and gave the stock an outperform rating in a research report on Wednesday, June 1st. Liberum Capital reiterated a hold rating and set a GBX 740 ($9.66) price target on shares of Informa Plc in a research report on Thursday, September 15th. Panmure Gordon boosted their price target on Informa Plc from GBX 750 ($9.79) to GBX 825 ($10.77) and gave the stock a buy rating in a research report on Tuesday, July 12th. Canaccord Genuity reiterated a hold rating and set a GBX 755 ($9.86) price target on shares of Informa Plc in a research report on Thursday, July 28th. Finally, Barclays PLC reiterated an overweight rating and set a GBX 810 ($10.57) price target on shares of Informa Plc in a research report on Wednesday, August 31st. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of Buy and an average target price of GBX 752.67 ($9.82).
Informa Plc (LON:INF) opened at 734.00 on Friday. The firm’s market capitalization is GBX 4.76 billion. The stock has a 50 day moving average price of GBX 712.61 and a 200-day moving average price of GBX 695.32. Informa Plc has a 12-month low of GBX 545.50 and a 12-month high of GBX 762.00.
The firm also recently declared a dividend, which was paid on Friday, September 9th. Investors of record on Thursday, August 11th were given a dividend of GBX 6.80 ($0.09) per share. This represents a yield of 0.93%. The ex-dividend date of this dividend was Thursday, August 11th.
In other news, insider Flaschen,David bought 1,000 shares of the company’s stock in a transaction on Friday, September 16th. The shares were bought at an average cost of GBX 957 ($12.49) per share, with a total value of £9,570 ($12,491.84).
About Informa Plc
Informa plc provides academics, businesses and individuals with knowledge, information and skills and services. It operates in three segments: academic information, which includes the Taylor & Francis publishing business, provides a portfolio of online and print publications, primarily for academic users across the spectrum of science, technology, humanities and social sciences; professional and commercial information, which include Datamonitor, Informa Business Information and Informa Financial Information provides information, across a range of formats and on a global basis, to a variety of sectors, including medical, pharmaceutical, maritime and telecoms, and events and training consists of trade shows and exhibitions, large and small conferences and training courses.
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