Informa Plc (INF) Upgraded by Liberum Capital to “Buy”
Liberum Capital upgraded shares of Informa Plc (LON:INF) to a buy rating in a research note issued to investors on Friday. Liberum Capital currently has GBX 855 ($11.25) price objective on the stock, up from their prior price objective of GBX 675 ($8.88).
Several other research analysts also recently weighed in on the stock. Goldman Sachs Group Inc reissued a conviction-buy rating and issued a GBX 863 ($11.35) target price on shares of Informa Plc in a research report on Friday. Kepler Capital Markets raised shares of Informa Plc to a buy rating and lifted their target price for the stock from GBX 700 ($9.21) to GBX 810 ($10.65) in a research report on Wednesday. Deutsche Bank AG lifted their target price on shares of Informa Plc from GBX 790 ($10.39) to GBX 880 ($11.57) and gave the stock a buy rating in a research report on Sunday, November 12th. J P Morgan Chase & Co reissued a neutral rating on shares of Informa Plc in a research report on Friday, November 10th. Finally, Berenberg Bank lifted their target price on shares of Informa Plc from GBX 800 ($10.52) to GBX 810 ($10.65) and gave the stock a buy rating in a research report on Friday, November 10th. Four equities 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’s stock. The company presently has a consensus rating of Buy and an average price target of GBX 801.54 ($10.54).
Informa Plc (LON:INF) opened at GBX 760 ($10.00) on Friday. Informa Plc has a 1 year low of GBX 480 ($6.31) and a 1 year high of GBX 754.50 ($9.92).
In other Informa Plc news, insider Stephen A. Carter bought 256 shares of Informa Plc stock in a transaction on Wednesday, November 8th. The stock was purchased at an average cost of GBX 705 ($9.27) per share, for a total transaction of £1,804.80 ($2,373.80). Also, insider Gareth Bullock bought 125 shares of Informa Plc stock in a transaction on Friday, September 15th. The stock was acquired at an average price of GBX 669 ($8.80) per share, with a total value of £836.25 ($1,099.89). Over the last 90 days, insiders have purchased 405 shares of company stock valued at $280,161.
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About Informa Plc
Informa PLC, together with its subsidiaries, operates in business intelligence, academic publishing, and knowledge and events businesses worldwide. It operates in five segments: Academic Publishing, Business Intelligence, Global Exhibitions, Knowledge & Networking, and Penton Information Services.
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