Informa Plc’s (INF) “Buy” Rating Reiterated at Panmure Gordon
Informa Plc (LON:INF)‘s stock had its “buy” rating reiterated by stock analysts at Panmure Gordon in a research report issued on Friday. They presently have a GBX 875 ($11.38) target price on the stock. Panmure Gordon’s target price would suggest a potential upside of 34.51% from the company’s current price.
INF has been the topic of a number of other research reports. Shore Capital reissued a “hold” rating on shares of Informa Plc in a report on Monday, March 6th. Kepler Capital Markets reissued a “hold” rating and issued a GBX 700 ($9.11) target price on shares of Informa Plc in a report on Tuesday, March 7th. Goldman Sachs Group Inc dropped their target price on Informa Plc from GBX 856 ($11.14) to GBX 836 ($10.88) and set a “buy” rating on the stock in a report on Tuesday, March 7th. Liberum Capital dropped their target price on Informa Plc from GBX 715 ($9.30) to GBX 675 ($8.78) and set a “hold” rating on the stock in a report on Tuesday, March 28th. Finally, Peel Hunt reissued an “add” rating and issued a GBX 740 ($9.63) target price on shares of Informa Plc in a report on Friday. Seven analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Informa Plc currently has a consensus rating of “Buy” and an average target price of GBX 767.20 ($9.98).
Shares of Informa Plc (LON:INF) opened at 681.50 on Friday. The stock’s market cap is GBX 5.61 billion. The firm has a 50-day moving average price of GBX 648.31 and a 200 day moving average price of GBX 657.49. Informa Plc has a 52-week low of GBX 480.00 and a 52-week high of GBX 704.50.
The company also recently announced a dividend, which will be paid on Friday, June 2nd. Shareholders of record on Thursday, April 27th will be given a dividend of GBX 13.04 ($0.17) per share. This represents a yield of 1.93%. This is an increase from Informa Plc’s previous dividend of $6.80. The ex-dividend date is Thursday, April 27th.
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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