Informa’s (INF) Hold Rating Reaffirmed at Shore Capital
A number of other equities research analysts have also recently commented on INF. JPMorgan Chase & Co. cut Informa to a neutral rating and reduced their price objective for the company from GBX 807 ($11.15) to GBX 790 ($10.91) in a research note on Thursday, November 2nd. Deutsche Bank reissued a buy rating and issued a GBX 790 ($10.91) price objective on shares of Informa in a research note on Monday, November 6th. Liberum Capital reissued a hold rating and issued a GBX 675 ($9.33) price objective on shares of Informa in a research note on Thursday, November 9th. Peel Hunt reissued a buy rating and issued a GBX 740 ($10.22) price objective on shares of Informa in a research note on Thursday, November 9th. Finally, Berenberg Bank raised their price objective on Informa from GBX 800 ($11.05) to GBX 810 ($11.19) and gave the company a buy rating in a research note on Friday, November 10th. Seven investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of Buy and a consensus price target of GBX 810.57 ($11.20).
Shares of Informa (LON:INF) opened at GBX 697.60 ($9.64) on Wednesday. Informa has a one year low of GBX 624.50 ($8.63) and a one year high of GBX 773 ($10.68).
Informa Company Profile
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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