Informa’s “Add” Rating Reaffirmed at Numis Securities Ltd (INF)
Informa (LON:INF)‘s stock had its “add” rating reaffirmed by research analysts at Numis Securities Ltd in a report released on Monday, Analyst Ratings Net reports. They currently have a GBX 610 ($9.86) price objective on the stock. Numis Securities Ltd’s price objective would suggest a potential upside of 12.44% from the stock’s previous close.
Informa (LON:INF) opened at 550.00 on Monday. 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 £3.316 billion.
Several other analysts have also recently commented on the stock. 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. Separately, 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. Finally, analysts at Nplus1 Brewin reiterated a “hold” rating on shares of Informa in a research note to investors on Monday. They now have a GBX 500 ($8.09) price target on the stock. One equities research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and nine have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of GBX 550.67 ($8.90).
Informa plc provides academics, businesses and individuals with knowledge, information and skills and services.
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