Informa (LON:INF)‘s stock had its “overweight” rating reiterated by Morgan Stanley in a research note issued to investors on Wednesday. They currently have a GBX 770 ($10.64) target price on the stock. Morgan Stanley’s target price would indicate a potential upside of 7.87% from the company’s current price.
Several other brokerages have also weighed in on INF. Peel Hunt lowered shares of Informa to a “hold” rating and upped their target price for the stock from GBX 740 ($10.22) to GBX 780 ($10.78) in a research report on Wednesday, January 17th. Liberum Capital restated a “buy” rating and set a GBX 855 ($11.81) target price on shares of Informa in a research report on Monday, January 15th. Deutsche Bank restated a “buy” rating on shares of Informa in a research report on Wednesday, January 17th. Shore Capital restated a “hold” rating on shares of Informa in a research report on Wednesday, February 28th. Finally, Citigroup restated a “neutral” rating and set a GBX 750 ($10.36) target price on shares of Informa in a research report on Wednesday, January 31st. Six research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of GBX 809.86 ($11.19).
Shares of Informa (INF) traded up GBX 0.60 ($0.01) on Wednesday, reaching GBX 713.80 ($9.86). 1,125,179 shares of the company’s stock traded hands, compared to its average volume of 3,800,000. Informa has a one year low of GBX 624.50 ($8.63) and a one year high of GBX 773 ($10.68).
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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