Liberum Capital Reiterates Buy Rating for Informa (INF)
Informa (LON:INF)‘s stock had its “buy” rating restated by Liberum Capital in a report issued on Monday. They presently have a GBX 855 ($11.59) target price on the stock. Liberum Capital’s price target indicates a potential upside of 14.61% from the stock’s previous close.
Several other research firms have also commented on INF. Goldman Sachs Group reissued a “conviction-buy” rating and issued a GBX 863 ($11.70) price objective on shares of Informa in a research note on Friday, November 24th. Kepler Capital Markets raised shares of Informa to a “buy” rating and raised their price objective for the company from GBX 700 ($9.49) to GBX 810 ($10.98) in a research note on Wednesday, November 22nd. Deutsche Bank reissued a “buy” rating and issued a GBX 880 ($11.93) price objective on shares of Informa in a research note on Monday, December 4th. Peel Hunt reissued a “buy” rating and issued a GBX 740 ($10.04) price objective on shares of Informa in a research note on Monday, December 4th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Informa from GBX 790 ($10.71) to GBX 808 ($10.96) and gave the company a “neutral” rating in a research note on Wednesday, January 10th. Four research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of GBX 813.27 ($11.03).
Informa (LON INF) traded down GBX 0.20 ($0.00) during midday trading on Monday, hitting GBX 746 ($10.12). 1,357,497 shares of the stock traded hands, compared to its average volume of 1,880,000. Informa has a twelve month low of GBX 480 ($6.51) and a twelve month high of GBX 773 ($10.48).
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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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