Informa PLC (LON:INF) Receives GBX 865 Average PT from Brokerages
Shares of Informa PLC (LON:INF) have been given an average recommendation of “Buy” by the sixteen ratings firms that are covering the firm, MarketBeat reports. Five investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is GBX 865 ($11.30).
Several equities analysts have recently issued reports on INF shares. Peel Hunt reaffirmed an “add” rating on shares of Informa in a research note on Tuesday, April 23rd. Macquarie reiterated a “neutral” rating on shares of Informa in a research note on Friday, June 7th. Shore Capital cut shares of Informa to a “hold” rating in a research note on Friday, May 24th. Credit Suisse Group reissued an “outperform” rating on shares of Informa in a report on Monday, April 29th. Finally, Liberum Capital restated a “buy” rating on shares of Informa in a research note on Friday, May 24th.
In other Informa news, insider John Rishton bought 6,482 shares of the firm’s stock in a transaction on Monday, June 3rd. The shares were acquired at an average cost of GBX 766 ($10.01) per share, for a total transaction of £49,652.12 ($64,879.29).
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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