Informa Plc (LON:INF) Given Conviction-Buy Rating at Goldman Sachs Group, Inc. (The)
Goldman Sachs Group, Inc. (The) reissued their conviction-buy rating on shares of Informa Plc (LON:INF) in a report published on Wednesday morning, Marketbeat reports. The brokerage currently has a GBX 863 ($11.24) price objective on the stock.
Other equities analysts also recently issued reports about the company. Peel Hunt reissued an add rating and set a GBX 740 ($9.64) price objective on shares of Informa Plc in a research report on Friday, May 26th. Numis Securities Ltd reissued an add rating and set a GBX 825 ($10.75) price objective on shares of Informa Plc in a research report on Tuesday, July 25th. Deutsche Bank AG reissued a buy rating and set a GBX 790 ($10.29) price objective on shares of Informa Plc in a research report on Tuesday, May 30th. Panmure Gordon reissued a buy rating and set a GBX 875 ($11.40) price objective on shares of Informa Plc in a research report on Friday, May 26th. Finally, Berenberg Bank reissued a buy rating and set a GBX 800 ($10.42) price objective on shares of Informa Plc in a research report on Thursday, May 11th. Six research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Informa Plc currently has a consensus rating of Buy and a consensus target price of GBX 770.33 ($10.04).
Shares of Informa Plc (LON:INF) opened at 697.00 on Wednesday. The stock’s market capitalization is GBX 5.74 billion. Informa Plc has a 52-week low of GBX 480.00 and a 52-week high of GBX 725.00. The firm’s 50 day moving average is GBX 679.03 and its 200 day moving average is GBX 663.43.
COPYRIGHT VIOLATION NOTICE: “Informa Plc (LON:INF) Given Conviction-Buy Rating at Goldman Sachs Group, Inc. (The)” was posted by Watch List News and is the sole property of of Watch List News. If you are accessing this story on another publication, it was illegally copied and reposted in violation of U.S. and international copyright and trademark legislation. The legal version of this story can be read at https://www.watchlistnews.com/informa-plc-loninf-given-conviction-buy-rating-at-goldman-sachs-group-inc-the/1462083.html.
The firm also recently disclosed a dividend, which will be paid on Friday, September 15th. Shareholders of record on Thursday, August 10th will be given a GBX 6.65 ($0.09) dividend. This represents a yield of 0.96%. The ex-dividend date of this dividend is Thursday, August 10th.
In other Informa Plc news, insider Gareth Wright acquired 277 shares of the business’s stock in a transaction on Wednesday, May 10th. The stock was purchased at an average price of GBX 650 ($8.47) per share, for a total transaction of £1,800.50 ($2,345.62).
Informa Plc Company Profile
Informa plc provides academics, businesses and individuals with knowledge, information and skills and services. It operates in three segments: academic information, which includes the Taylor & Francis publishing business, provides a portfolio of online and print publications, primarily for academic users across the spectrum of science, technology, humanities and social sciences; professional and commercial information, which include Datamonitor, Informa Business Information and Informa Financial Information provides information, across a range of formats and on a global basis, to a variety of sectors, including medical, pharmaceutical, maritime and telecoms, and events and training consists of trade shows and exhibitions, large and small conferences and training courses.
Receive News & Ratings for Informa Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Informa Plc and related companies with Analyst Ratings Network's FREE daily email newsletter.