Numis Securities Ltd Increases Euromoney Institutional Invest Price Target to GBX 1,485 (ERM)
Analysts at Numis Securities Ltd upped their target price on shares of Euromoney Institutional Invest (LON:ERM) from GBX 1,284 ($21.16) to GBX 1,485 ($24.47) in a research report issued to clients and investors on Monday, Stock Ratings Network.com reports. The firm currently has an “add” rating on the stock. Numis Securities Ltd’s price objective would suggest a potential upside of 8.87% from the stock’s previous close.
Euromoney Institutional Invest (LON:ERM) traded up 3.10% during mid-day trading on Monday, hitting GBX 1364.00. The stock had a trading volume of 155,926 shares. Euromoney Institutional Invest has a 52-week low of GBX 875.50 and a 52-week high of GBX 1388.00. The stock has a 50-day moving average of GBX 1298.31 and a 200-day moving average of GBX 1151.. The company’s market cap is £1.724 billion.
A number of other analysts have also recently weighed in on ERM. Analysts at Westhouse Securities downgraded shares of Euromoney Institutional Invest to a “sell” rating in a research note to investors on Friday, December 20th. They now have a GBX 1,110 ($18.29) price target on the stock. Finally, analysts at Investec raised their price target on shares of Euromoney Institutional Invest from GBX 1,200 ($19.78) to GBX 1,250 ($20.60) in a research note to investors on Monday, November 18th. They now have a “buy” rating on the stock. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of GBX 1,135.15 ($18.71).
Euromoney Institutional Investor PLC is a United Kingdom-based company. It is a international business-to-business media group focused primarily on the international finance, metals and commodities sectors.
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