Panmure Gordon Reaffirms “Buy” Rating for Informa (LON:INF)

Informa (LON:INF)‘s stock had its “buy” rating reissued by research analysts at Panmure Gordon in a research report issued on Wednesday,Digital Look reports. They currently have a GBX 1,200 target price on the stock. Panmure Gordon’s target price would indicate a potential upside of 31.75% from the company’s previous close.

Several other equities analysts have also recently commented on INF. UBS Group reissued a “buy” rating and set a GBX 1,055 target price on shares of Informa in a research note on Friday, November 7th. JPMorgan Chase & Co. assumed coverage on shares of Informa in a research note on Wednesday, September 3rd. They set an “overweight” rating and a GBX 1,020 price objective on the stock. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Informa from GBX 1,000 to GBX 1,140 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Five research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of GBX 1,069.

Informa Stock Performance

Informa stock traded up GBX 1.20 during mid-day trading on Wednesday, hitting GBX 910.80. 1,974,798 shares of the company’s stock traded hands, compared to its average volume of 10,728,705. The company has a quick ratio of 1.70, a current ratio of 0.56 and a debt-to-equity ratio of 31.98. Informa has a one year low of GBX 634.20 and a one year high of GBX 1,000. The firm has a 50 day moving average price of GBX 932.96 and a 200 day moving average price of GBX 866.88. The company has a market cap of £11.69 billion, a PE ratio of 165.60, a price-to-earnings-growth ratio of 0.75 and a beta of 1.12.

About Informa

Our events, digital products and academic research services connect specialists with knowledge, helping them learn more, know more and do more.

We do this in dozens of specialist markets and subject matter categories, including in Healthcare & Pharma, Technology, Finance, Education, Marketing, Health & Nutrition, Foodservice, and many more.