Peel Hunt Reaffirms Hold Rating for Informa (INF)
Informa (LON:INF)‘s stock had its “hold” rating reiterated by stock analysts at Peel Hunt in a report issued on Wednesday.
A number of other analysts have also recently weighed in on the stock. Morgan Stanley cut shares of Informa to an “equal weight” rating and set a GBX 850 ($10.96) price target for the company. in a research report on Thursday, August 16th. Shore Capital reaffirmed a “buy” rating on shares of Informa in a research report on Monday, August 13th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 900 ($11.61) price target on shares of Informa in a research report on Wednesday, August 1st. Deutsche Bank reaffirmed a “buy” rating on shares of Informa in a research report on Thursday, July 26th. Finally, Numis Securities reaffirmed an “add” rating on shares of Informa in a research report on Wednesday, July 25th. Five investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of GBX 865.33 ($11.16).
Shares of Informa stock opened at GBX 768.40 ($9.91) on Wednesday. Informa has a twelve month low of GBX 624.50 ($8.06) and a twelve month high of GBX 773 ($9.97).
Informa Company Profile
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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