Euromoney Institutional Investor PLC (LON:ERM)‘s stock had its “add” rating reaffirmed by equities researchers at Numis Securities Ltd in a report released on Friday, Marketbeat Ratings reports. They presently have a GBX 1,245 ($16.26) price objective on the stock. Numis Securities Ltd’s price target would suggest a potential upside of 14.33% from the stock’s previous close.

Several other research firms have also recently weighed in on ERM. Canaccord Genuity increased their price objective on Euromoney Institutional Investor PLC from GBX 1,150 ($15.02) to GBX 1,250 ($16.32) and gave the stock a “hold” rating in a research report on Friday, May 19th. Peel Hunt restated a “buy” rating and issued a GBX 1,330 ($17.37) price target on shares of Euromoney Institutional Investor PLC in a research report on Friday, June 9th. Finally, Investec restated a “buy” rating on shares of Euromoney Institutional Investor PLC in a research report on Thursday, May 18th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of GBX 1,209.80 ($15.80).

Shares of Euromoney Institutional Investor PLC (ERM) traded down 2.42% during midday trading on Friday, hitting GBX 1089.00. 22,758 shares of the stock traded hands. The stock has a 50 day moving average of GBX 1,115.92 and a 200 day moving average of GBX 1,108.75. The company’s market capitalization is GBX 1.17 billion. Euromoney Institutional Investor PLC has a 1-year low of GBX 944.00 and a 1-year high of GBX 1,240.00.

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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.

Analyst Recommendations for Euromoney Institutional Investor PLC (LON:ERM)

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