Informa Plc (LON:INF) has been given an average rating of “Buy” by the fifteen research firms that are covering the stock, Marketbeat.com reports. Seven equities research analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is GBX 816.18 ($11.28).
A number of brokerages have weighed in on INF. Peel Hunt downgraded shares of Informa to a “hold” rating and raised their target price for the company from GBX 740 ($10.22) to GBX 780 ($10.78) in a research note on Wednesday, January 17th. Shore Capital reaffirmed a “hold” rating on shares of Informa in a research note on Wednesday, January 31st. Citigroup reaffirmed a “neutral” rating and set a GBX 750 ($10.36) target price on shares of Informa in a research note on Wednesday, January 31st. Numis Securities reaffirmed an “add” rating and set a GBX 825 ($11.40) target price on shares of Informa in a research note on Thursday, January 18th. Finally, Deutsche Bank reaffirmed a “buy” rating on shares of Informa in a research note on Wednesday, January 17th.
Informa (LON INF) opened at GBX 715.59 ($9.89) on Wednesday. Informa has a one year low of GBX 624.50 ($8.63) and a one year high of GBX 773 ($10.68).
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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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