Informa Plc Cut to Neutral at Westhouse Securities (INF)
Informa Plc (LON:INF) was downgraded by equities researchers at Westhouse Securities to a “neutral” rating in a research report issued on Friday. They currently have a GBX 554 ($9.17) price target on the stock. Westhouse Securities’ target price suggests a potential upside of 5.32% from the company’s current price.
A number of other analysts have also recently weighed in on INF. Analysts at BNP Paribas reiterated an “outperform” rating on shares of Informa Plc in a research note on Tuesday, August 12th. They now have a GBX 580 ($9.60) price target 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 ($7.45) 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 ($9.10) price target on the stock, up previously from GBX 527 ($8.72). Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of GBX 542.19 ($8.97).
Shares of Informa Plc (LON:INF) opened at 520.50 on Friday. Informa Plc has a 1-year low of GBX 466.10 and a 1-year high of GBX 525.00. The stock’s 50-day moving average is GBX 496.4 and its 200-day moving average is GBX 501.0. The company’s market cap is £3.140 billion.
The company also recently announced a dividend, which is scheduled for Thursday, September 11th. Shareholders 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.
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