Euromoney Institutional Investor PLC (ERM) Research Coverage Started at Citigroup Inc.
Analysts at Citigroup Inc. initiated coverage on shares of Euromoney Institutional Investor PLC (LON:ERM) in a report released on Thursday. The firm set a “neutral” rating and a GBX 1,105 ($14.27) price target on the stock. Citigroup Inc.’s price target would indicate a potential downside of 5.23% from the stock’s previous close.
Several other equities analysts have also recently weighed in on the stock. Peel Hunt reiterated a “buy” rating and issued a GBX 1,330 ($17.18) price objective on shares of Euromoney Institutional Investor PLC in a research note on Monday, September 4th. Investec reiterated a “buy” rating and issued a GBX 1,350 ($17.44) price objective on shares of Euromoney Institutional Investor PLC in a research note on Friday, July 21st. Numis Securities Ltd reiterated an “add” rating and issued a GBX 1,245 ($16.08) price objective on shares of Euromoney Institutional Investor PLC in a research note on Friday, July 21st. Finally, Canaccord Genuity increased their price objective on shares of Euromoney Institutional Investor PLC from GBX 1,150 ($14.85) to GBX 1,250 ($16.14) and gave the stock a “hold” rating in a research note on Friday, May 19th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of GBX 1,192.33 ($15.40).
Shares of Euromoney Institutional Investor PLC (LON:ERM) traded up 2.01% on Thursday, hitting GBX 1166.00. 28,657 shares of the stock were exchanged. The company’s market cap is GBX 1.25 billion. The company has a 50-day moving average price of GBX 1,111.27 and a 200 day moving average price of GBX 1,105.78. Euromoney Institutional Investor PLC has a 12 month low of GBX 944.00 and a 12 month 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.
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