Informa Plc Receives Hold Rating from Investec (INF)
Informa Plc (LON:INF)‘s stock had its “hold” rating restated by equities research analysts at Investec in a research note issued to investors on Tuesday. They currently have a GBX 520 ($8.83) price objective on the stock. Investec’s price target would indicate a potential upside of 7.57% from the company’s current price.
Shares of Informa Plc (LON:INF) traded down 1.08% on Tuesday, hitting GBX 485.30. 2,374,068 shares of the company’s stock traded hands. Informa Plc has a one year low of GBX 463.80 and a one year high of GBX 577.00. The stock’s 50-day moving average is GBX 489.8 and its 200-day moving average is GBX 505.6. The company’s market cap is £2.927 billion.
The company also recently declared a dividend, which is scheduled for Thursday, September 11th. Investors of record on Wednesday, August 13th will be given a dividend of GBX 6.40 ($0.11) per share. This represents a yield of 1.32%. The ex-dividend date of this dividend is Wednesday, August 13th.
A number of other analysts have also recently weighed in on INF. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Informa Plc in a research note on Tuesday, July 22nd. They now have a GBX 585 ($9.93) price target on the stock. Separately, analysts at Westhouse Securities reiterated an “add” rating on shares of Informa Plc in a research note on Tuesday, July 22nd. They now have a GBX 550 ($9.34) price target on the stock. Finally, analysts at Liberum Capital reiterated a “sell” rating on shares of Informa Plc in a research note on Tuesday, July 22nd. They now have a GBX 450 ($7.64) price target on the stock. Four investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seven have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of GBX 548.56 ($9.32).
Informa plc provides academics, businesses and individuals with knowledge, information and skills and services.
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