Informa Plc (INF) Given Average Rating of “Buy” by Analysts
Informa Plc (LON:INF) has been given a consensus recommendation of “Buy” by the fifteen brokerages that are currently covering the stock, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is GBX 774.58 ($10.18).
INF has been the subject of a number of analyst reports. Numis Securities Ltd reiterated an “add” rating and set a GBX 825 ($10.85) target price on shares of Informa Plc in a report on Tuesday, July 25th. Deutsche Bank AG reiterated a “buy” rating and set a GBX 790 ($10.39) target price on shares of Informa Plc in a report on Wednesday, July 26th. Peel Hunt reiterated a “buy” rating and set a GBX 740 ($9.73) target price on shares of Informa Plc in a report on Tuesday, September 26th. Berenberg Bank reissued a “buy” rating and issued a GBX 800 ($10.52) price target on shares of Informa Plc in a research note on Thursday, July 20th. Finally, Goldman Sachs Group, Inc. (The) reissued a “conviction-buy” rating and issued a GBX 863 ($11.35) price target on shares of Informa Plc in a research note on Wednesday, July 26th.
Shares of Informa Plc (LON INF) opened at 687.50 on Friday. The company’s market capitalization is GBX 5.66 billion. Informa Plc has a 12 month low of GBX 480.00 and a 12 month high of GBX 725.00. The company has a 50-day moving average price of GBX 677.44 and a 200-day moving average price of GBX 673.21.
The firm also recently announced a dividend, which was paid on Friday, September 15th. Shareholders of record on Thursday, August 10th were paid a dividend of GBX 6.65 ($0.09) per share. This represents a dividend yield of 0.96%. The ex-dividend date of this dividend was Thursday, August 10th.
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In other Informa Plc news, insider Gareth Bullock bought 125 shares of the firm’s stock in a transaction on Friday, September 15th. The stock was acquired at an average price of GBX 669 ($8.80) per share, with a total value of £836.25 ($1,099.46).
Informa Plc Company Profile
Informa PLC, together with its subsidiaries, operates in business intelligence, academic publishing, and knowledge and events businesses worldwide. It operates in five segments: Academic Publishing, Business Intelligence, Global Exhibitions, Knowledge & Networking, and Penton Information Services.
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