Investec Reiterates Buy Rating for Euromoney Institutional Invest (ERM)
Euromoney Institutional Invest (LON:ERM)‘s stock had its “buy” rating reiterated by equities research analysts at Investec in a research note issued to investors on Tuesday, StockRatingsNetwork.com reports. They currently have a GBX 1,200 ($19.16) price objective on the stock. Investec’s price target indicates a potential upside of 12.15% from the stock’s previous close.
A number of other analysts have also recently weighed in on ERM. Analysts at Canaccord Genuity raised their price target on shares of Euromoney Institutional Invest from GBX 1,100 ($17.56) to GBX 1,188 ($18.97) in a research note to investors on Tuesday, September 24th. They now have a “buy” rating on the stock. Separately, analysts at N+1 Singer reiterated a “hold” rating on shares of Euromoney Institutional Invest in a research note to investors on Tuesday, September 24th. They now have a GBX 1,100 ($17.56) price target on the stock. Finally, analysts at Nplus1 Brewin reiterated a “hold” rating on shares of Euromoney Institutional Invest in a research note to investors on Tuesday, September 24th. They now have a GBX 1,100 ($17.56) price target on the stock. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of GBX 1,053.27 ($16.81).
Shares of Euromoney Institutional Invest (LON:ERM) traded up 0.94% on Tuesday, hitting GBX 1070.00. The stock had a trading volume of 14,590 shares. Euromoney Institutional Invest has a one year low of GBX 744.00 and a one year high of GBX 1230.00. The stock’s 50-day moving average is GBX 1140. and its 200-day moving average is GBX 1023.. The company’s market cap is £1.334 billion.
Euromoney Institutional Investor PLC is a United Kingdom-based company. It is a international business-to-business media group focused primarily on the international finance, metals and commodities sectors.
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.