Peel Hunt Reaffirms “Buy” Rating for Euromoney Institutional Investor PLC (ERM)
Euromoney Institutional Investor PLC (LON:ERM)‘s stock had its “buy” rating reiterated by equities researchers at Peel Hunt in a note issued to investors on Thursday. They presently have a GBX 1,330 ($16.92) price objective on the stock. Peel Hunt’s price target points to a potential upside of 23.95% from the company’s current price.
Other research analysts also recently issued research reports about the stock. Numis Securities Ltd reiterated an “add” rating and set a GBX 1,245 ($15.84) price target on shares of Euromoney Institutional Investor PLC in a research report on Thursday, May 11th. Investec reiterated a “buy” rating on shares of Euromoney Institutional Investor PLC in a research report on Thursday, May 18th. Finally, Canaccord Genuity upped their price target on shares of Euromoney Institutional Investor PLC from GBX 1,150 ($14.63) to GBX 1,250 ($15.90) and gave the stock a “hold” rating in a research report on Friday, May 19th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 1,189.80 ($15.13).
Euromoney Institutional Investor PLC (LON ERM) opened at 1073.00 on Thursday. Euromoney Institutional Investor PLC has a 1-year low of GBX 797.61 and a 1-year high of GBX 1,240.00. The firm’s 50-day moving average is GBX 1,140.27 and its 200 day moving average is GBX 1,107.50. The firm’s market cap is GBX 1.15 billion.
The firm also recently announced a dividend, which was paid on Thursday, June 22nd. Shareholders of record on Thursday, May 25th were given a dividend of GBX 8.80 ($0.11) per share. The ex-dividend date was Thursday, May 25th. This represents a yield of 0.72%.
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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