Panmure Gordon Reiterates Buy Rating for Informa (INF)
Informa (LON:INF)‘s stock had its “buy” rating reaffirmed by equities research analysts at Panmure Gordon in a research note issued to investors on Thursday, Analyst Ratings Network reports. They currently have a GBX 630 ($10.11) target price on the stock. Panmure Gordon’s target price would indicate a potential upside of 23.53% from the stock’s previous close.
Informa (LON:INF) opened at 500.00 on Thursday. Informa has a 52-week low of GBX 377.70 and a 52-week high of GBX 550.00. The stock has a 50-day moving average of GBX 524.3 and a 200-day moving average of GBX 510.0. The company’s market cap is £3.015 billion.
A number of other firms have also recently commented on INF. Analysts at Westhouse Securities downgraded shares of Informa from an “add” rating to a “neutral” rating in a research note to investors on Thursday. They now have a GBX 513 ($8.23) price target on the stock, down previously from GBX 570 ($9.14). Separately, analysts at BNP Paribas reiterated a “neutral” rating on shares of Informa in a research note to investors on Thursday, October 3rd. They now have a GBX 560 ($8.98) price target on the stock. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of GBX 545.22 ($8.75).
Informa plc provides academics, businesses and individuals with knowledge, information and skills and services.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.