Informa Rating Increased to Add at AlphaValue (INF)
Informa (LON:INF) was upgraded by analysts at AlphaValue to an “add” rating in a research report issued to clients and investors on Friday, Analyst RN reports. The firm currently has a GBX 554.40 ($8.89) target price on the stock, up from their previous target price of GBX 550.50 ($8.83). AlphaValue’s price target would indicate a potential upside of 8.81% from the company’s current price.
Informa (LON:INF) opened at 512.50 on Friday. 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 £3.090 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Informa in a research note to investors on Thursday. They now have a GBX 630 ($10.11) price target on the stock. Separately, 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). Finally, 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. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating and nine have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of GBX 545.07 ($8.74).
Informa plc provides academics, businesses and individuals with knowledge, information and skills and services.
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