Informa PLC’s “Buy” Rating Reaffirmed at Nomura (INF)
Informa PLC (LON:INF)‘s stock had its “buy” rating restated by equities research analysts at Nomura in a research note issued to investors on Friday, AnalystRatings.Net reports. They currently have a GBX 660 ($11.06) price objective on the stock. Nomura’s price objective would indicate a potential upside of 23.60% from the company’s current price.
Informa PLC (LON:INF) opened at 534.00 on Friday. Informa PLC has a one year low of GBX 465.50 and a one year high of GBX 577.00. The stock’s 50-day moving average is GBX 536.6 and its 200-day moving average is GBX 538.0. The company’s market cap is £3.220 billion.
The company also recently announced a dividend, which is scheduled for Tuesday, May 27th. Stockholders of record on Wednesday, April 30th will be paid a dividend of GBX 12.50 ($0.21) per share. This represents a dividend yield of 2.34%. The ex-dividend date is Wednesday, April 30th.
Other equities research analysts have also recently issued reports about the stock. Analysts at N+1 Singer reiterated a “hold” rating on shares of Informa PLC in a research note on Friday. They now have a GBX 550 ($9.22) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Informa PLC in a research note on Friday. They now have a GBX 645 ($10.81) price target on the stock. Finally, analysts at UBS AG reiterated a “neutral” rating on shares of Informa PLC in a research note on Friday, February 14th. They now have a GBX 550 ($9.22) price target on the stock. Three research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and six have assigned a buy rating to the company. Informa PLC has a consensus rating of “Hold” and a consensus target price of GBX 559.90 ($9.38).
Informa plc provides academics, businesses and individuals with knowledge, information and skills and services.
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