Informa (LON:INF) was downgraded by investment analysts at Shore Capital to a “hold” rating in a research note issued on Friday.
Several other equities analysts have also weighed in on INF. Deutsche Bank cut their target price on shares of Informa from GBX 955 ($12.48) to GBX 930 ($12.15) and set a “buy” rating for the company in a report on Tuesday, December 4th. Peel Hunt reaffirmed an “add” rating on shares of Informa in a report on Wednesday, December 5th. Goldman Sachs Group reaffirmed a “buy” rating and set a GBX 991 ($12.95) target price (down from GBX 996 ($13.01)) on shares of Informa in a report on Friday, December 14th. Societe Generale reaffirmed a “buy” rating and set a GBX 960 ($12.54) target price on shares of Informa in a report on Friday, January 25th. Finally, Barclays cut their target price on shares of Informa from GBX 855 ($11.17) to GBX 785 ($10.26) and set an “overweight” rating for the company in a report on Friday, February 8th. Five equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of GBX 868.54 ($11.35).
Shares of LON INF opened at GBX 732.20 ($9.57) on Friday. Informa has a 12 month low of GBX 624.50 ($8.16) and a 12 month high of GBX 773 ($10.10).
Informa plc engages in business intelligence, academic publishing, and knowledge and events businesses worldwide. The company operates through Academic Publishing, Business Intelligence, Global Exhibitions, and Knowledge & Networking segments. The Academic Publishing segment publishes academic books and journals in print and digital formats for university libraries and departments, specialist research institutions, and individuals in the areas of humanities and social sciences, science, technology, and medicine.
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