Informa Plc (LON:INF) Stock Rating Reaffirmed by Berenberg Bank
A number of other research analysts also recently issued reports on the company. Goldman Sachs Group, Inc. (The) restated a conviction-buy rating and set a GBX 863 ($11.24) price target on shares of Informa Plc in a report on Wednesday. Barclays PLC restated an overweight rating on shares of Informa Plc in a report on Wednesday. Deutsche Bank AG restated a buy rating and set a GBX 790 ($10.29) price target on shares of Informa Plc in a report on Wednesday. Numis Securities Ltd restated an add rating and set a GBX 825 ($10.75) price target on shares of Informa Plc in a report on Tuesday, July 25th. Finally, Peel Hunt restated a buy rating and set a GBX 740 ($9.64) price target on shares of Informa Plc in a report on Tuesday, July 25th. Six research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of Buy and a consensus target price of GBX 770.33 ($10.04).
Shares of Informa Plc (INF) opened at 697.00 on Wednesday. The company’s market cap is GBX 5.74 billion. The company’s 50 day moving average price is GBX 679.03 and its 200 day moving average price is GBX 663.43. Informa Plc has a 12 month low of GBX 480.00 and a 12 month high of GBX 725.00.
The business also recently declared a dividend, which will be paid on Friday, September 15th. Stockholders of record on Thursday, August 10th will be given a GBX 6.65 ($0.09) dividend. The ex-dividend date of this dividend is Thursday, August 10th. This represents a dividend yield of 0.96%.
In related news, insider Gareth Wright purchased 277 shares of the company’s stock in a transaction dated Wednesday, May 10th. The shares were purchased at an average cost of GBX 650 ($8.47) per share, with a total value 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.
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