Informa Rating Reiterated by Jefferies Group (INF)
Informa (LON:INF)‘s stock had its “hold” rating reiterated by Jefferies Group in a research note issued on Monday, American Banking News.com reports. They currently have a GBX 510 ($8.25) price objective on the stock. Jefferies Group’s price target points to a potential downside of 8.52% from the company’s current price.
Shares of Informa (LON:INF) traded up 0.54% on Monday, hitting GBX 557.50. 649,177 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 563.00. The stock’s 50-day moving average is GBX 535.4 and its 200-day moving average is GBX 513.. The company’s market cap is £3.361 billion.
A number of other firms have also recently commented on INF. Analysts at Nplus1 Brewin reiterated a “hold” rating on shares of Informa in a research note to investors on Monday, October 21st. They now have a GBX 500 ($8.09) price target on the stock. Separately, analysts at Westhouse Securities raised their price target on shares of Informa from GBX 513 ($8.30) to GBX 570 ($9.22) in a research note to investors on Monday, October 21st. They now have a “neutral” rating on the stock. Finally, analysts at N+1 Singer reiterated a “hold” rating on shares of Informa in a research note to investors on Monday, October 21st. 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 given a hold rating and nine have given a buy rating to the stock. Informa currently has a consensus rating of “Hold” and a consensus target price of GBX 552.67 ($8.94).
Informa plc provides academics, businesses and individuals with knowledge, information and skills and services.
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.