Informa Given Hold Rating at Investec (INF)
Informa (LON:INF)‘s stock had its “hold” rating restated by research analysts at Investec in a report released on Monday, ARN reports. They currently have a GBX 530 ($8.57) price objective on the stock. Investec’s price objective would suggest a potential downside of 4.33% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd reiterated an “add” rating on shares of Informa in a research note to investors on Monday. They now have a GBX 610 ($9.86) price target on the stock. Separately, analysts at Barclays cut their price target on shares of Informa from GBX 615 ($9.95) to GBX 610 ($9.86) in a research note to investors on Monday. They now have an “overweight” rating on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Informa in a research note to investors on Monday. They now have a GBX 510 ($8.25) price target on the stock. One equities research analyst has rated the stock with a sell rating, fifteen have given a hold rating and nine have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of GBX 552.67 ($8.94).
Informa (LON:INF) traded up 2.12% on Monday, hitting GBX 554.00. The stock had a trading volume of 3,093,749 shares. Informa has a one year low of GBX 377.70 and a one year high of GBX 550.00. The stock has a 50-day moving average of GBX 526.7 and a 200-day moving average of GBX 510.1. The company’s market cap is £3.340 billion.
Informa plc provides academics, businesses and individuals with knowledge, information and skills and services.
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