Shore Capital Reiterates “Hold” Rating for Informa (INF)
A number of other equities research analysts have also recently issued reports on INF. Deutsche Bank reiterated a buy rating and issued a GBX 790 ($11.09) price objective on shares of Informa in a report on Thursday, October 5th. JPMorgan Chase & Co. cut shares of Informa to a neutral rating and decreased their price objective for the stock from GBX 807 ($11.33) to GBX 790 ($11.09) in a report on Thursday, November 2nd. Liberum Capital reiterated a hold rating and issued a GBX 675 ($9.48) price objective on shares of Informa in a report on Thursday, November 9th. Peel Hunt reiterated a buy rating and issued a GBX 740 ($10.39) price objective on shares of Informa in a report on Thursday, November 9th. Finally, Berenberg Bank boosted their target price on shares of Informa from GBX 800 ($11.23) to GBX 810 ($11.37) and gave the stock a buy rating in a research report on Friday, November 10th. Seven analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. The stock has an average rating of Buy and a consensus price target of GBX 810.57 ($11.38).
Shares of Informa (LON INF) opened at GBX 686 ($9.63) on Wednesday. Informa has a fifty-two week low of GBX 480 ($6.74) and a fifty-two week high of GBX 773 ($10.86).
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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