Euromoney Institutional Investor PLC’s Buy Rating Reaffirmed at Investec (ERM)
Euromoney Institutional Investor PLC (LON:ERM)‘s stock had its “buy” rating reiterated by equities research analysts at Investec in a research note issued to investors on Thursday, American Banking and Market News reports. They currently have a GBX 1,500 ($25.27) price target on the stock. Investec’s target price suggests a potential upside of 32.74% from the stock’s previous close.
A number of other firms have also recently commented on ERM. Analysts at Westhouse Securities reiterated a “neutral” rating on shares of Euromoney Institutional Investor PLC in a research note on Thursday. They now have a GBX 1,090 ($18.36) price target on the stock. Finally, analysts at Nplus1 Brewin reiterated a “hold” rating on shares of Euromoney Institutional Investor PLC in a research note on Wednesday, March 26th. They now have a GBX 1,212 ($20.41) price target on the stock. One analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of GBX 1,240.33 ($20.89).
Shares of Euromoney Institutional Investor PLC (LON:ERM) traded down 0.79% during mid-day trading on Thursday, hitting GBX 1130.00. The stock had a trading volume of 73,987 shares. Euromoney Institutional Investor PLC has a 52 week low of GBX 914.5001 and a 52 week high of GBX 1388.00. The stock’s 50-day moving average is GBX 1167.43 and its 200-day moving average is GBX 1240.. The company’s market cap is £1.428 billion.
The company also recently declared a dividend, which is scheduled for Thursday, June 19th. Stockholders of record on Wednesday, May 21st will be given a dividend of GBX 7 ($0.12) per share. This represents a yield of 0.62%. The ex-dividend date of this dividend is Wednesday, May 21st.
Euromoney Institutional Investor PLC international business-to-business media group focused primarily on the international finance, metals and commodities sectors.
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