Informa (INF) Given New GBX 885 Price Target at Barclays
Informa (LON:INF) had its price objective decreased by Barclays from GBX 940 ($12.24) to GBX 885 ($11.53) in a report released on Friday. The firm currently has an “overweight” rating on the stock. Barclays’ price target suggests a potential upside of 16.17% from the stock’s current price.
A number of other analysts have also commented on INF. Peel Hunt reaffirmed an “add” rating on shares of Informa in a report on Monday, June 4th. Morgan Stanley lifted their target price on shares of Informa from GBX 770 ($10.03) to GBX 850 ($11.07) and gave the stock an “overweight” rating in a report on Wednesday, June 6th. Deutsche Bank lifted their target price on shares of Informa from GBX 880 ($11.46) to GBX 955 ($12.44) and gave the stock a “buy” rating in a report on Monday, June 11th. Berenberg Bank lifted their target price on shares of Informa from GBX 800 ($10.42) to GBX 900 ($11.72) and gave the stock a “buy” rating in a report on Monday, June 18th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Informa in a report on Friday, July 20th. Five research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. Informa has an average rating of “Buy” and a consensus price target of GBX 862.42 ($11.23).
INF opened at GBX 761.80 ($9.92) on Friday. Informa has a 52 week low of GBX 624.50 ($8.13) and a 52 week high of GBX 773 ($10.07).
Informa plc engages in business intelligence, academic publishing, and knowledge and events businesses worldwide. The company operates through Academic Publishing, Business Intelligence, Global Exhibitions, and Knowledge & Networking segments. The Academic Publishing segment publishes academic books and journals in print and digital formats for university libraries and departments, specialist research institutions, and individuals in the areas of humanities and social sciences, science, technology, and medicine.
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