Informa Receives “Neutral” Rating from Citigroup Inc. (INF)
Informa (LON:INF)‘s stock had its “neutral” rating restated by investment analysts at Citigroup Inc. in a note issued to investors on Monday, Stock Ratings News reports. They currently have a GBX 550 ($9.06) price objective on the stock. Citigroup Inc.’s target price points to a potential upside of 4.86% from the stock’s previous close.
Shares of Informa (LON:INF) traded down 0.85% on Monday, hitting GBX 524.50. 1,206,935 shares of the company’s stock traded hands. Informa has a one year low of GBX 465.50 and a one year high of GBX 577.00. The stock has a 50-day moving average of GBX 549. and a 200-day moving average of GBX 535.8. The company’s market cap is £3.162 billion.
INF has been the subject of a number of other recent research reports. Analysts at Westhouse Securities raised their price target on shares of Informa from GBX 570 ($9.39) to GBX 580 ($9.56) in a research note to investors on Friday, January 17th. They now have a “neutral” rating on the stock. Separately, analysts at HSBC reiterated an “underweight” rating on shares of Informa in a research note to investors on Tuesday, January 14th. They now have a GBX 450 ($7.41) price target on the stock. Finally, analysts at Numis Securities Ltd raised their price target on shares of Informa from GBX 610 ($10.05) to GBX 645 ($10.63) in a research note to investors on Monday, January 13th. They now have an “add” rating on the stock. Two investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and seven have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of GBX 563.93 ($9.29).
Informa plc provides academics, businesses and individuals with knowledge, information and skills and services.
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