Informa Plc (LON:INF) has received a consensus rating of “Buy” from the thirteen research firms that are currently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is GBX 820 ($10.98).
Several analysts have recently commented on the stock. Deutsche Bank restated a “buy” rating and set a GBX 880 ($11.79) price objective on shares of Informa in a research report on Monday. Peel Hunt restated a “buy” rating and set a GBX 740 ($9.91) price objective on shares of Informa in a research report on Monday. Liberum Capital upgraded shares of Informa to a “buy” rating and raised their price objective for the company from GBX 675 ($9.04) to GBX 855 ($11.45) in a research report on Friday, November 24th. Goldman Sachs Group restated a “conviction-buy” rating and set a GBX 863 ($11.56) price objective on shares of Informa in a research report on Friday, November 24th. Finally, Kepler Capital Markets upgraded shares of Informa to a “buy” rating and raised their price objective for the company from GBX 700 ($9.37) to GBX 810 ($10.85) in a research report on Wednesday, November 22nd.
In other Informa news, insider Gareth Bullock acquired 125 shares of the company’s stock in a transaction on Friday, September 15th. The stock was acquired at an average cost of GBX 669 ($8.96) per share, with a total value of £836.25 ($1,119.93). Also, insider Stephen A. Carter acquired 256 shares of the company’s stock in a transaction on Wednesday, November 8th. The stock was acquired at an average cost of GBX 705 ($9.44) per share, with a total value of £1,804.80 ($2,417.03). Insiders have purchased 405 shares of company stock valued at $280,161 over the last ninety days.
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Informa 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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