Analysts Set Informa plc (LON:INF) PT at GBX 653.60

Shares of Informa plc (LON:INFGet Rating) have received an average rating of “Moderate Buy” from the ten research firms that are presently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is GBX 653.60 ($8.01).

A number of analysts recently commented on the company. Berenberg Bank reaffirmed a “buy” rating and set a GBX 685 ($8.39) price target on shares of Informa in a research report on Monday, May 16th. Shore Capital reaffirmed a “hold” rating on shares of Informa in a research report on Thursday, June 16th. Finally, Barclays increased their price target on Informa from GBX 518 ($6.34) to GBX 650 ($7.96) and gave the company an “overweight” rating in a research report on Friday, June 17th.

Shares of INF opened at GBX 527.80 ($6.46) on Tuesday. The company has a current ratio of 0.94, a quick ratio of 0.87 and a debt-to-equity ratio of 38.53. The company has a market capitalization of £7.73 billion and a price-to-earnings ratio of 101.50. The stock has a 50 day moving average of GBX 555.88 and a 200 day moving average of GBX 559.12. Informa has a 12 month low of GBX 459.80 ($5.63) and a 12 month high of GBX 628 ($7.69).

In other news, insider Gareth Wright sold 26,917 shares of the firm’s stock in a transaction on Monday, April 4th. The stock was sold at an average price of GBX 602 ($7.37), for a total value of £162,040.34 ($198,481.55). Also, insider Patrick Martell sold 6,907 shares of the firm’s stock in a transaction on Thursday, March 31st. The stock was sold at an average price of GBX 606 ($7.42), for a total value of £41,856.42 ($51,269.50).

Informa Company Profile (Get Rating)

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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Analyst Recommendations for Informa (LON:INF)

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