Informa (LON:INF) Reaches New 52-Week High – Still a Buy?

Informa plc (LON:INF)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 983.60 and last traded at GBX 982.80, with a volume of 5279382 shares trading hands. The stock had previously closed at GBX 970.

Wall Street Analyst Weigh In

INF has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Informa from GBX 1,000 to GBX 1,140 and gave the company a “buy” rating in a research note on Wednesday, October 29th. JPMorgan Chase & Co. initiated coverage on shares of Informa in a research note on Wednesday, September 3rd. They issued an “overweight” rating and a GBX 1,020 price target on the stock. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of GBX 1,030.

Informa Stock Performance

The company has a debt-to-equity ratio of 31.98, a quick ratio of 1.70 and a current ratio of 0.56. The firm’s 50 day simple moving average is GBX 922.85 and its 200-day simple moving average is GBX 852.44. The company has a market cap of £12.55 billion, a price-to-earnings ratio of 177.71, a PEG ratio of 0.75 and a beta of 1.12.

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.