Informa Plc’s (INF) Buy Rating Reiterated at Deutsche Bank AG
Informa Plc (LON:INF)‘s stock had its “buy” rating reiterated by analysts at Deutsche Bank AG in a research report issued on Friday. They currently have a GBX 790 ($9.99) price target on the stock. Deutsche Bank AG’s price target suggests a potential upside of 14.99% from the company’s previous close.
Several other research firms have also issued reports on INF. Barclays PLC raised their price target on shares of Informa Plc from GBX 730 ($9.23) to GBX 775 ($9.80) and gave the stock an “overweight” rating in a research report on Wednesday, June 7th. Peel Hunt restated an “add” rating and issued a GBX 740 ($9.36) price target on shares of Informa Plc in a research report on Friday, May 26th. Liberum Capital restated a “hold” rating and issued a GBX 675 ($8.54) price target on shares of Informa Plc in a research report on Thursday, June 1st. Credit Suisse Group restated a “neutral” rating and issued a GBX 705 ($8.92) price target on shares of Informa Plc in a research report on Tuesday, May 30th. Finally, Kepler Capital Markets restated a “hold” rating and issued a GBX 700 ($8.86) price target on shares of Informa Plc in a research report on Tuesday, March 7th. Six analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of GBX 768.53 ($9.72).
Informa Plc (LON INF) traded up 0.66% during trading on Friday, reaching GBX 687.00. 4,000,397 shares of the company’s stock were exchanged. Informa Plc has a 1-year low of GBX 480.00 and a 1-year high of GBX 704.50. The company’s market capitalization is GBX 5.66 billion. The company’s 50-day moving average is GBX 664.18 and its 200-day moving average is GBX 661.13.
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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