Informa Plc (LON:INF)‘s stock had its “conviction-buy” rating reissued by equities researchers at Goldman Sachs Group, Inc. (The) in a note issued to investors on Wednesday. They currently have a GBX 863 ($11.24) price target on the stock. Goldman Sachs Group, Inc. (The)’s target price would indicate a potential upside of 24.35% from the stock’s current price.

A number of other research analysts have also recently commented on INF. Liberum Capital lowered their price target on Informa Plc from GBX 715 ($9.31) to GBX 675 ($8.79) and set a “hold” rating on the stock in a report on Tuesday, March 28th. Shore Capital reissued a “hold” rating on shares of Informa Plc in a report on Wednesday, April 19th. Berenberg Bank reissued a “buy” rating and issued a GBX 800 ($10.42) price target on shares of Informa Plc in a report on Thursday, May 11th. Peel Hunt reissued an “add” rating and issued a GBX 740 ($9.64) price target on shares of Informa Plc in a report on Friday, May 26th. Finally, Panmure Gordon reissued a “buy” rating and issued a GBX 875 ($11.40) price target on shares of Informa Plc in a report on Friday, May 26th. Six equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of GBX 770.33 ($10.04).

Informa Plc (LON:INF) opened at 700.00 on Wednesday. The company has a 50 day moving average of GBX 677.65 and a 200 day moving average of GBX 663.25. The company’s market capitalization is GBX 5.76 billion. Informa Plc has a 52-week low of GBX 480.00 and a 52-week high of GBX 704.50.

ILLEGAL ACTIVITY NOTICE: This article was originally posted by American Banking News and is owned by of American Banking News. If you are viewing this article on another site, it was illegally copied and republished in violation of U.S. & international copyright and trademark legislation. The correct version of this article can be viewed at https://www.americanbankingnews.com/2017/07/26/informa-plcs-loninf-conviction-buy-rating-reiterated-at-goldman-sachs-group-inc-the.html.

In other news, insider Gareth Wright acquired 277 shares of the firm’s stock in a transaction dated Wednesday, May 10th. The shares were acquired at an average cost of GBX 650 ($8.47) per share, with a total value of £1,800.50 ($2,345.62).

Informa Plc Company Profile

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.

Analyst Recommendations for Informa Plc (LON:INF)

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.