Informa Plc (LON:INF) Given Average Recommendation of “Buy” by Brokerages
Informa Plc (LON:INF) has earned an average recommendation of “Buy” from the seventeen ratings firms that are currently covering the stock, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation, ten have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is GBX 775 ($10.22).
Several equities analysts have recently commented on the company. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 790 ($10.42) target price on shares of Informa Plc in a report on Wednesday, July 26th. Berenberg Bank reissued a “buy” rating and issued a GBX 800 ($10.55) price objective on shares of Informa Plc in a report on Wednesday, July 26th. Numis Securities Ltd reissued an “add” rating and issued a GBX 825 ($10.88) price objective on shares of Informa Plc in a report on Tuesday, July 25th. Peel Hunt reissued a “buy” rating and issued a GBX 740 ($9.76) price objective on shares of Informa Plc in a report on Tuesday, July 25th. Finally, Goldman Sachs Group, Inc. (The) reissued a “conviction-buy” rating and issued a GBX 863 ($11.38) price objective on shares of Informa Plc in a report on Wednesday, July 26th.
In other Informa Plc news, insider Gareth Wright bought 277 shares of the stock in a transaction on Wednesday, May 10th. The shares were purchased at an average cost of GBX 650 ($8.57) per share, with a total value of £1,800.50 ($2,375.02).
Informa Plc (INF) opened at 698.50 on Tuesday. The firm has a 50 day moving average price of GBX 679.43 and a 200 day moving average price of GBX 662.99. The stock’s market capitalization is GBX 5.75 billion. Informa Plc has a 52 week low of GBX 480.00 and a 52 week high of GBX 704.50.
The business also recently declared a dividend, which will be paid on Friday, September 15th. Stockholders of record on Thursday, August 10th will be paid a GBX 6.65 ($0.09) dividend. This represents a dividend yield of 0.96%. The ex-dividend date is Thursday, August 10th.
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.
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.