Euromoney Institutional Investor PLC (ERM) Given Buy Rating at Peel Hunt
Euromoney Institutional Investor PLC (LON:ERM)‘s stock had its “buy” rating restated by investment analysts at Peel Hunt in a note issued to investors on Friday. They currently have a GBX 1,330 ($17.19) price target on the stock. Peel Hunt’s price target suggests a potential upside of 13.19% from the stock’s current price.
A number of other brokerages also recently commented on ERM. Numis Securities Ltd reaffirmed an “add” rating and set a GBX 1,245 ($16.09) price objective on shares of Euromoney Institutional Investor PLC in a research report on Thursday, May 11th. Canaccord Genuity boosted their price objective on shares of Euromoney Institutional Investor PLC from GBX 1,120 ($14.47) to GBX 1,150 ($14.86) and gave the company a “hold” rating in a research report on Friday, March 3rd. Finally, Investec reaffirmed a “buy” rating on shares of Euromoney Institutional Investor PLC in a research report on Thursday, May 18th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 1,189.80 ($15.37).
Euromoney Institutional Investor PLC (LON ERM) opened at 1135.00 on Friday. The firm’s market cap is GBX 1.22 billion. Euromoney Institutional Investor PLC has a one year low of GBX 797.61 and a one year high of GBX 1,240.00. The firm has a 50 day moving average of GBX 1,118.61 and a 200-day moving average of GBX 1,101.11.
The business also recently disclosed a dividend, which will be paid on Thursday, June 22nd. Investors of record on Thursday, May 25th will be given a dividend of GBX 8.80 ($0.11) per share. This represents a yield of 0.72%. The ex-dividend date is Thursday, May 25th.
About Euromoney Institutional Investor PLC
Euromoney Institutional Investor PLC is an investment holding company. The Company is a business-to-business media company, which is focused on the asset management, banking and commodities sectors. Its segments include Asset management; Pricing, data and market intelligence; Banking and finance, and Commodity events.
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