Euromoney Institutional Investor PLC Given Consensus Rating of “Hold” by Brokerages (LON:ERM)
Euromoney Institutional Investor PLC (LON:ERM) has been given an average recommendation of “Hold” by the eight brokerages that are currently covering the stock, AmericanBankingNews.com reports. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation and one has given a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is GBX 1,227.75 ($20.65).
A number of analysts have recently weighed in on ERM shares. Analysts at N 1 Singer cut their price target on shares of Euromoney Institutional Investor PLC from GBX 1,212 ($20.39) to GBX 1,190 ($20.02) in a research note on Monday. They now have a “hold” rating on the stock. Separately, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Euromoney Institutional Investor PLC in a research note on Thursday. They now have a GBX 1,455 ($24.47) price target on the stock. Finally, analysts at N+1 Singer reiterated a “hold” rating on shares of Euromoney Institutional Investor PLC in a research note on Thursday. They now have a GBX 1,190 ($20.02) price target on the stock, down previously from GBX 1,212 ($20.39).
Euromoney Institutional Investor PLC (LON:ERM) remained flat at GBX 1134.00 during during mid-day trading trading on Monday. The stock had a trading volume of 9,667 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 1164.56 and its 200-day moving average is GBX 1239.43. The company’s market cap is £1.435 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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