Shares of Informa Plc (LON:INF) have earned a consensus rating of “Buy” from the twelve analysts that are presently covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold recommendation, six have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is GBX 828.25 ($11.23).
Several equities research analysts recently commented on INF shares. JPMorgan Chase & Co. cut Informa to a “neutral” rating and decreased their target price for the stock from GBX 807 ($10.94) to GBX 790 ($10.71) in a research note on Thursday, November 2nd. Deutsche Bank reaffirmed a “buy” rating and set a GBX 790 ($10.71) target price on shares of Informa in a research note on Monday, November 6th. Kepler Capital Markets raised Informa to a “buy” rating and raised their target price for the stock from GBX 700 ($9.49) to GBX 810 ($10.98) in a research note on Wednesday, November 22nd. Goldman Sachs Group reaffirmed a “conviction-buy” rating and set a GBX 863 ($11.70) target price on shares of Informa in a research note on Friday, November 24th. Finally, Shore Capital reaffirmed a “hold” rating on shares of Informa in a research note on Wednesday, November 1st.
In other news, insider Stephen A. Carter acquired 256 shares of Informa stock in a transaction on Wednesday, November 8th. The stock was purchased at an average price of GBX 705 ($9.56) per share, with a total value of £1,804.80 ($2,447.52).
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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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