Informa Plc (INF) Stock Rating Reaffirmed by Shore Capital
Informa Plc (LON:INF)‘s stock had its “hold” rating reaffirmed by equities research analysts at Shore Capital in a research report issued on Tuesday.
A number of other equities analysts also recently issued reports on INF. Berenberg Bank lifted their price target on Informa Plc from GBX 530 ($6.92) to GBX 725 ($9.46) and gave the company a “hold” rating in a research note on Wednesday, April 6th. Barclays PLC upgraded Informa Plc to an “overweight” rating and lifted their price target for the company from GBX 630 ($8.22) to GBX 750 ($9.79) in a research note on Wednesday, April 27th. Goldman Sachs Group Inc. cut their price target on Informa Plc from GBX 840 ($10.96) to GBX 839 ($10.95) and set a “buy” rating for the company in a research note on Tuesday, May 3rd. JPMorgan Chase & Co. boosted their target price on Informa Plc from GBX 710 ($9.27) to GBX 765 ($9.99) and gave the stock an “overweight” rating in a research note on Tuesday, May 10th. Finally, Liberum Capital boosted their target price on Informa Plc from GBX 570 ($7.44) to GBX 670 ($8.75) and gave the stock a “hold” rating in a research note on Tuesday, May 17th. One analyst has rated the stock with a sell rating, eight have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. Informa Plc currently has a consensus rating of “Hold” and an average target price of GBX 752.67 ($9.82).
Informa Plc (LON:INF) traded up 0.69% during trading on Tuesday, reaching GBX 733.50. The company’s stock had a trading volume of 2,328,869 shares. The company’s market cap is GBX 4.76 billion. Informa Plc has a 12 month low of GBX 563.00 and a 12 month high of GBX 762.00. The stock’s 50 day moving average is GBX 715.97 and its 200 day moving average is GBX 698.14.
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The company also recently announced a dividend, which was paid on Friday, September 9th. Investors of record on Thursday, August 11th were paid a GBX 6.80 ($0.09) dividend. The ex-dividend date was Thursday, August 11th. This represents a yield of 0.93%.
In other news, insider Flaschen,David bought 1,000 shares of Informa Plc stock in a transaction that occurred on Friday, September 16th. The shares were acquired at an average price of GBX 957 ($12.49) per share, with a total value of £9,570 ($12,491.84). Also, insider Stephen A. Carter bought 12,500 shares of Informa Plc stock in a transaction that occurred on Monday, October 3rd. The stock was purchased at an average cost of GBX 720 ($9.40) per share, for a total transaction of £90,000 ($117,478.14).
About Informa Plc
Informa plc provides academics, businesses and individuals with knowledge, information and skills and services. It operates in three segments: academic information, which includes the Taylor & Francis publishing business, provides a portfolio of online and print publications, primarily for academic users across the spectrum of science, technology, humanities and social sciences; professional and commercial information, which include Datamonitor, Informa Business Information and Informa Financial Information provides information, across a range of formats and on a global basis, to a variety of sectors, including medical, pharmaceutical, maritime and telecoms, and events and training consists of trade shows and exhibitions, large and small conferences and training courses.
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