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Informa Plc (LON:INF) was upgraded by equities research analysts at Goldman Sachs to a “neutral” rating in a research note issued to investors on Friday. The firm currently has a GBX 550 ($9.34) target price on the stock, up from their previous target price of GBX 527 ($8.95). Goldman Sachs’ target price would indicate a potential upside of 12.18% from the stock’s previous close.

Informa Plc (LON:INF) traded up 0.49% on Friday, hitting GBX 490.30. 2,338,540 shares of the company’s stock traded hands. Informa Plc has a 1-year low of GBX 463.80 and a 1-year high of GBX 577.00. The stock’s 50-day moving average is GBX 487.7 and its 200-day moving average is GBX 504.9. The company’s market cap is £2.958 billion.

The company also recently announced a dividend, which is scheduled for Thursday, September 11th. Stockholders 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.

Several other analysts have also recently commented on the stock. Analysts at Nomura reiterated a “buy” rating on shares of Informa Plc in a research note on Wednesday. They now have a GBX 570 ($9.68) price target on the stock. Separately, analysts at Barclays reiterated an “equal weight” rating on shares of Informa Plc in a research note on Wednesday. They now have a GBX 475 ($8.07) price target on the stock. Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of Informa Plc in a research note on Wednesday. They now have a GBX 580 ($9.85) price target on the stock. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of GBX 542.02 ($9.20).

Informa plc provides academics, businesses and individuals with knowledge, information and skills and services.

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