Informa Stock Rating Reaffirmed by Macquarie (INF)
Informa (LON:INF)‘s stock had its “outperform” rating reiterated by stock analysts at Macquarie in a report issued on Thursday, Analyst Ratings Net reports. They currently have a GBX 600 ($9.58) target price on the stock. Macquarie’s price objective suggests a potential upside of 14.50% from the stock’s previous close.
A number of other analysts have also recently weighed in on INF. Analysts at Deutsche Bank cut their price target on shares of Informa from GBX 610 ($9.74) to GBX 590 ($9.42) in a research note to investors on Tuesday. They now have a “hold” rating on the stock. Separately, analysts at AlphaValue upgraded shares of Informa to an “add” rating in a research note to investors on Friday, October 11th. They now have a GBX 554.40 ($8.85) price target on the stock, up previously from GBX 550.50 ($8.79). Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of Informa in a research note to investors on Thursday, October 10th. They now have a GBX 630 ($10.06) price target on the stock. One investment analyst has rated the stock with a sell rating, fifteen have issued a hold rating and nine have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of GBX 546.47 ($8.72).
Informa (LON:INF) traded up 0.67% on Thursday, hitting GBX 527.50. 929,305 shares of the company’s stock traded hands. 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 £3.180 billion.
Informa plc provides academics, businesses and individuals with knowledge, information and skills and services.
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