Informa Plc (INF) Announces Dividend of GBX 6.65
Informa Plc (LON:INF) announced a dividend on Tuesday, July 25th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 10th will be given a dividend of GBX 6.65 ($0.09) per share on Friday, September 15th. This represents a yield of 0.96%. The ex-dividend date is Thursday, August 10th. The official announcement can be viewed at this link.
Informa Plc (LON:INF) traded up 2.74% during mid-day trading on Tuesday, reaching GBX 694.00. 3,969,524 shares of the company’s stock traded hands. The firm’s 50-day moving average price is GBX 677.65 and its 200 day moving average price is GBX 663.25. Informa Plc has a one year low of GBX 480.00 and a one year high of GBX 725.00. The firm’s market cap is GBX 5.71 billion.
A number of analysts have recently weighed in on INF shares. Barclays PLC boosted their target price on shares of Informa Plc from GBX 730 ($9.51) to GBX 775 ($10.10) and gave the stock an “overweight” rating in a report on Wednesday, June 7th. Berenberg Bank restated a “buy” rating and issued a GBX 800 ($10.42) target price on shares of Informa Plc in a report on Thursday, May 11th. Shore Capital restated a “hold” rating on shares of Informa Plc in a report on Friday, May 26th. Credit Suisse Group restated a “neutral” rating and issued a GBX 705 ($9.18) target price on shares of Informa Plc in a report on Tuesday, May 30th. Finally, Liberum Capital restated a “hold” rating and issued a GBX 675 ($8.79) target price on shares of Informa Plc in a report on Thursday, June 1st. Six investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Informa Plc presently has a consensus rating of “Buy” and an average price target of GBX 768.53 ($10.01).
In related news, insider Gareth Wright acquired 277 shares of the stock in a transaction on Wednesday, May 10th. The stock was bought at an average cost of GBX 650 ($8.47) per share, with a total value of £1,800.50 ($2,345.62).
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.
Receive News & Ratings for Informa Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Informa Plc and related companies with MarketBeat.com's FREE daily email newsletter.