Informa (LON:INF) Shares Cross Above 50-Day Moving Average – Should You Sell?

Informa plc (LON:INF) passed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of GBX 871.62 and traded as high as GBX 888.80. Informa shares last traded at GBX 879.18, with a volume of 400,178,188 shares traded.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Citigroup raised their target price on Informa from GBX 990 to GBX 1,090 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Deutsche Bank upped their price target on shares of Informa from GBX 1,140 to GBX 1,290 and gave the stock a “buy” rating in a research report on Friday, October 9th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 1,040 price target on shares of Informa in a research report on Thursday, October 8th. Five research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, Informa has a consensus rating of “Buy” and a consensus target price of GBX 1,181.

Informa Stock Down 0.0%

The stock’s 50-day moving average is GBX 871.62 and its 200-day moving average is GBX 846.53. The stock has a market cap of £11.99 billion, a P/E ratio of 51.59, a price-to-earnings-growth ratio of 0.75 and a beta of 0.71. The company has a current ratio of 0.55, a quick ratio of 1.70 and a debt-to-equity ratio of 64.99.

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.