Informa (INF) Receives Add Rating from Numis Securities
Informa (LON:INF)‘s stock had its “add” rating reaffirmed by Numis Securities in a report issued on Thursday. They currently have a GBX 825 ($11.19) price target on the stock. Numis Securities’ price objective would suggest a potential upside of 16.23% from the company’s previous close.
A number of other brokerages have also weighed in on INF. Peel Hunt lowered Informa to a “hold” rating and increased their price target for the stock from GBX 740 ($10.04) to GBX 780 ($10.58) in a research note on Wednesday. Liberum Capital reissued a “buy” rating and set a GBX 855 ($11.59) price target on shares of Informa in a research note on Monday. Deutsche Bank reissued a “buy” rating on shares of Informa in a research note on Wednesday. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Informa in a research note on Friday, November 10th. Finally, Shore Capital reissued a “hold” rating on shares of Informa in a research note on Wednesday. Five equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of GBX 816.91 ($11.08).
Informa (INF) traded up GBX 5.60 ($0.08) on Thursday, reaching GBX 710.60 ($9.64). The company’s stock had a trading volume of 8,491,772 shares, compared to its average volume of 1,860,000. Informa has a 12-month low of GBX 480 ($6.51) and a 12-month high of GBX 773 ($10.48).
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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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