Informa (LON:INF) Coverage Initiated by Analysts at Citigroup

Research analysts at Citigroup assumed coverage on shares of Informa (LON:INF) in a report issued on Monday, Marketbeat.com reports. The firm set a “neutral” rating and a GBX 975 price target on the stock. Citigroup’s target price points to a potential upside of 9.95% from the stock’s current price.

A number of other equities analysts have also recently commented on INF. UBS Group reissued a “buy” rating and issued a GBX 1,055 price objective on shares of Informa in a research note on Friday, November 7th. Panmure Gordon reaffirmed a “buy” rating and issued a GBX 1,200 price target on shares of Informa in a report on Wednesday, November 19th. JPMorgan Chase & Co. dropped their price target on Informa from GBX 1,345 to GBX 1,330 and set an “overweight” rating for the company in a research report on Monday. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Informa from GBX 1,000 to GBX 1,140 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Informa presently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,105.

Informa Price Performance

Shares of INF stock traded down GBX 14.20 on Monday, reaching GBX 886.80. The company’s stock had a trading volume of 2,321,778 shares, compared to its average volume of 3,303,222. The stock’s fifty day simple moving average is GBX 918.36 and its 200-day simple moving average is GBX 897.21. Informa has a 1 year low of GBX 634.20 and a 1 year high of GBX 1,000. The company has a market capitalization of £11.34 billion, a price-to-earnings ratio of 161.24, a price-to-earnings-growth ratio of 0.75 and a beta of 1.12. The company has a current ratio of 0.56, a quick ratio of 1.70 and a debt-to-equity ratio of 31.98.

About Informa

Our events, digital products and academic research services connect specialists with knowledge, helping them learn more, know more and do more.

We do this in dozens of specialist markets and subject matter categories, including in Healthcare & Pharma, Technology, Finance, Education, Marketing, Health & Nutrition, Foodservice, and many more.

And we do this through a range of products and services, including major live events, specialist media and content, expert research articles, books and open research platforms, accredited training, buyer discovery services, and digital demand and lead-generation services.