Informa PLC Price Target Cut to GBX 527 (INF)
Research analysts at Goldman Sachs cut their price target on shares of Informa PLC (LON:INF) from GBX 543 ($9.13) to GBX 527 ($8.86) in a report released on Thursday. The firm currently has a “sell” rating on the stock. Goldman Sachs’ price target indicates a potential upside of 3.03% from the stock’s previous close.
Shares of Informa PLC (LON:INF) remained flat at GBX 511.50 during during mid-day trading trading on Thursday. 356,133 shares of the company’s stock traded hands. Informa PLC has a 1-year low of GBX 508.50 and a 1-year high of GBX 525.00. The stock has a 50-day moving average of GBX 492.3 and a 200-day moving average of GBX 523.5. The company’s market cap is £3.079 billion.
Several other analysts have also recently commented on the stock. Analysts at Societe Generale reiterated a “hold” rating on shares of Informa PLC in a research note on Wednesday, June 4th. They now have a GBX 540 ($9.08) price target on the stock. Separately, analysts at Barclays reiterated an “equal weight” rating on shares of Informa PLC in a research note on Friday, May 16th. They now have a GBX 535 ($8.99) price target on the stock. Finally, analysts at Berenberg Bank cut their price target on shares of Informa PLC from GBX 550 ($9.25) to GBX 545 ($9.16) in a research note on Friday, May 16th. They now have a “hold” rating on the stock. Three equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and seven have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 548.48 ($9.22).
Informa plc provides academics, businesses and individuals with knowledge, information and skills and services.
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