Informa Plc (INF) Earns Add Rating from Numis Securities Ltd
Numis Securities Ltd reaffirmed their add rating on shares of Informa Plc (LON:INF) in a research report report published on Thursday morning. They currently have a GBX 845 ($11.03) target price on the stock.
INF has been the subject of several other reports. Barclays PLC restated an overweight rating and issued a GBX 810 ($10.57) price target on shares of Informa Plc in a report on Wednesday, August 31st. JPMorgan Chase & Co. increased their price target on Informa Plc from GBX 765 ($9.99) to GBX 780 ($10.18) and gave the stock an overweight rating in a report on Thursday, September 8th. Canaccord Genuity increased their price target on Informa Plc from GBX 650 ($8.48) to GBX 755 ($9.86) and gave the stock a hold rating in a report on Tuesday, July 5th. Berenberg Bank increased their price target on Informa Plc from GBX 725 ($9.46) to GBX 750 ($9.79) and gave the stock a hold rating in a report on Wednesday, July 6th. Finally, Societe Generale increased their price target on Informa Plc from GBX 780 ($10.18) to GBX 845 ($11.03) and gave the stock a buy rating in a report on Friday, July 8th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of Buy and an average target price of GBX 752.67 ($9.82).
Shares of Informa Plc (LON:INF) opened at 728.50 on Thursday. The company has a 50-day moving average price of GBX 712.15 and a 200 day moving average price of GBX 695.06. Informa Plc has a 12-month low of GBX 545.50 and a 12-month high of GBX 762.00. The firm’s market capitalization is GBX 4.72 billion.
The company also recently declared a dividend, which was paid on Friday, September 9th. Investors of record on Thursday, August 11th were issued a dividend of GBX 6.80 ($0.09) per share. The ex-dividend date was Thursday, August 11th. This represents a yield of 0.93%.
In other news, insider Owers,Helen purchased 1,000 shares of the company’s stock in a transaction that occurred on Thursday, June 23rd. The stock was acquired at an average cost of GBX 668 ($8.72) per share, with a total value of £6,680 ($8,719.49).
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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