Euromoney Institutional Invest Stock Rating Reaffirmed by Westhouse Securities (ERM)
Euromoney Institutional Invest (LON:ERM)‘s stock had its “sell” rating reiterated by investment analysts at Westhouse Securities in a note issued to investors on Wednesday, StockRatingsNetwork reports. They currently have a GBX 1,118 ($18.35) price objective on the stock. Westhouse Securities’ target price would indicate a potential downside of 16.69% from the company’s current price.
Euromoney Institutional Invest (LON:ERM) opened at 1355.00 on Wednesday. Euromoney Institutional Invest has a 52-week low of GBX 875.50 and a 52-week high of GBX 1388.00. The stock’s 50-day moving average is GBX 1320. and its 200-day moving average is GBX 1165.. The company’s market cap is £1.713 billion.
A number of other firms have also recently commented on ERM. Analysts at Numis Securities Ltd raised their price target on shares of Euromoney Institutional Invest from GBX 1,284 ($21.08) to GBX 1,485 ($24.38) in a research note to investors on Monday, January 13th. They now have an “add” rating on the stock. Separately, analysts at Investec raised their price target on shares of Euromoney Institutional Invest from GBX 1,200 ($19.70) to GBX 1,250 ($20.52) in a research note to investors on Monday, November 18th. They now have a “buy” rating on the stock. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 1,136.15 ($18.65).
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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