Informa Price Target Raised to GBX 550 at Morgan Stanley (INF)
Equities researchers at Morgan Stanley lifted their target price on shares of Informa (LON:INF) from GBX 530 ($8.69) to GBX 550 ($9.02) in a research report issued on Thursday, StockRatingsNetwork.com reports. The firm currently has an “equal weight” rating on the stock. Morgan Stanley’s target price suggests a potential downside of 0.36% from the company’s current price.
Informa (LON:INF) opened at 551.00 on Thursday. Informa has a 1-year low of GBX 461.40 and a 1-year high of GBX 577.00. The stock’s 50-day moving average is GBX 550. and its 200-day moving average is GBX 531.6. The company’s market cap is £3.322 billion.
A number of other analysts have also recently weighed in on INF. Analysts at Berenberg Bank reiterated a “hold” rating on shares of Informa in a research note to investors on Wednesday. They now have a GBX 560 ($9.18) price target on the stock. Separately, analysts at Investec reiterated a “hold” rating on shares of Informa in a research note to investors on Wednesday, December 18th. They now have a GBX 530 ($8.69) price target on the stock. Finally, analysts at AlphaValue upgraded shares of Informa to an “add” rating in a research note to investors on Wednesday, December 18th. They now have a GBX 571.40 ($9.37) price target on the stock, up previously from GBX 569.50 ($9.34). One analyst has rated the stock with a sell rating, seventeen have assigned a hold rating and seven have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of GBX 559.24 ($9.17).
Informa plc provides academics, businesses and individuals with knowledge, information and skills and services.
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