Informa Plc Receives “Outperform” Rating from BNP Paribas (INF)
Informa Plc (LON:INF)‘s stock had its “outperform” rating restated by equities research analysts at BNP Paribas in a research note issued to investors on Wednesday. They currently have a GBX 580 ($9.85) price objective on the stock. BNP Paribas’ target price would indicate a potential upside of 18.29% from the stock’s previous close.
Informa Plc (LON:INF) traded up 0.49% on Wednesday, hitting GBX 490.30. The stock had a trading volume of 2,338,540 shares. Informa Plc has a 52 week low of GBX 463.80 and a 52 week high of GBX 577.00. The stock has a 50-day moving average of GBX 487.7 and a 200-day moving average of GBX 504.9. The company’s market cap is £2.958 billion.
The company also recently declared a dividend, which is scheduled for Thursday, September 11th. Stockholders 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 firms have also recently commented on INF. Analysts at Berenberg Bank cut their price target on shares of Informa Plc from GBX 530 ($9.00) to GBX 520 ($8.83) in a research note on Wednesday. They now have a “hold” rating on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Informa Plc in a research note on Tuesday, July 29th. They now have a GBX 645 ($10.95) price target on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Informa Plc in a research note on Tuesday, July 29th. They now have a GBX 510 ($8.66) 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 stock presently has a consensus rating of “Hold” and a consensus target price of GBX 542.02 ($9.20).
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.