Informa Plc’s “Outperform” Rating Reaffirmed at BNP Paribas (INF)
Informa Plc (LON:INF)‘s stock had its “outperform” rating reiterated by equities researchers at BNP Paribas in a research report issued on Tuesday. They currently have a GBX 580 ($9.73) target price on the stock. BNP Paribas’ target price would suggest a potential upside of 15.31% from the stock’s previous close.
Informa Plc (LON:INF) traded down 0.95% during mid-day trading on Tuesday, hitting GBX 498.20. 729,623 shares of the company’s stock traded hands. Informa Plc has a one year low of GBX 466.10 and a one year high of GBX 525.00. The stock has a 50-day moving average of GBX 487.6 and a 200-day moving average of GBX 501.7. The company’s market cap is £3.005 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 analysts have also recently weighed in on INF. Analysts at Westhouse Securities cut their price target on shares of Informa Plc from GBX 570 ($9.56) to GBX 554 ($9.29) in a research note on Wednesday, August 6th. They now have an “add” rating on the stock. Separately, analysts at Liberum Capital reiterated a “sell” rating on shares of Informa Plc in a research note on Monday, August 4th. They now have a GBX 450 ($7.55) price target on the stock. Finally, analysts at Goldman Sachs upgraded shares of Informa Plc to a “neutral” rating in a research note on Friday, August 1st. They now have a GBX 550 ($9.23) price target on the stock, up previously from GBX 527 ($8.84). Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 542.19 ($9.10).
Informa plc provides academics, businesses and individuals with knowledge, information and skills and services.
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