Informa Plc (LON:INF) Rating Reiterated by Barclays PLC
Informa Plc (LON:INF)‘s stock had its “overweight” rating reissued by equities research analysts at Barclays PLC in a report released on Friday, MarketBeat reports. They presently have a GBX 775 ($10.04) price target on the stock. Barclays PLC’s price target suggests a potential upside of 17.78% from the company’s current price.
A number of other research firms have also recently issued reports on INF. Berenberg Bank reissued a “buy” rating and set a GBX 800 ($10.36) target price on shares of Informa Plc in a research note on Thursday, May 11th. Shore Capital reissued a “hold” rating on shares of Informa Plc in a research note on Friday, May 26th. Credit Suisse Group reissued a “neutral” rating and set a GBX 705 ($9.13) target price on shares of Informa Plc in a research note on Tuesday, May 30th. Deutsche Bank AG lowered their target price on Informa Plc from GBX 795 ($10.30) to GBX 790 ($10.23) and set a “buy” rating for the company in a research note on Thursday, March 23rd. Finally, Liberum Capital reissued a “hold” rating and set a GBX 675 ($8.74) target price on shares of Informa Plc in a research note on Thursday, June 1st. Six investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Informa Plc presently has a consensus rating of “Buy” and a consensus target price of GBX 768.53 ($9.96).
Shares of Informa Plc (LON INF) opened at 658.00 on Friday. The firm’s market capitalization is GBX 5.42 billion. Informa Plc has a 12-month low of GBX 480.00 and a 12-month high of GBX 704.50. The company’s 50 day moving average is GBX 673.29 and its 200 day moving average is GBX 663.82.
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In related news, insider Gareth Wright acquired 277 shares of the business’s stock in a transaction dated Wednesday, May 10th. The stock was bought at an average price of GBX 650 ($8.42) per share, with a total value of £1,800.50 ($2,332.25).
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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