Informa Plc Receives Sell Rating from N+1 Singer (INF)
Informa Plc (LON:INF)‘s stock had its “sell” rating reiterated by N+1 Singer in a research note issued on Tuesday. They currently have a GBX 430 ($7.30) price target on the stock. N+1 Singer’s target price points to a potential downside of 11.05% from the company’s current price.
A number of other analysts have also recently weighed in on INF. Analysts at Investec reiterated a “hold” rating on shares of Informa Plc in a research note on Tuesday. They now have a GBX 520 ($8.83) price target on the stock. Separately, 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. Finally, 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. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have given a buy rating to the company. Informa Plc presently has a consensus rating of “Hold” and an average target price of GBX 548.56 ($9.32).
Shares of Informa Plc (LON:INF) traded down 1.08% during mid-day trading on Tuesday, hitting GBX 485.30. The stock had a trading volume of 2,374,068 shares. Informa Plc has a 1-year low of GBX 463.80 and a 1-year high of GBX 577.00. The stock has a 50-day moving average of GBX 489.8 and a 200-day moving average of GBX 505.6. The company’s market cap is £2.927 billion.
The company also recently announced a dividend, which is scheduled for Thursday, September 11th. Investors of record on Wednesday, August 13th will be paid a dividend of GBX 6.40 ($0.11) per share. This represents a dividend yield of 1.32%. The ex-dividend date is Wednesday, August 13th.
Informa plc provides academics, businesses and individuals with knowledge, information and skills and services.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.