Informa (LON:INF) was upgraded by research analysts at Numis Securities to a “buy” rating in a report issued on Thursday, ThisIsMoney.Co.Uk reports.
Several other brokerages also recently issued reports on INF. Peel Hunt restated an “add” rating on shares of Informa in a research note on Tuesday, April 23rd. UBS Group restated a “buy” rating on shares of Informa in a research note on Tuesday. Shore Capital downgraded shares of Informa to a “hold” rating in a research note on Friday, March 15th. Credit Suisse Group restated an “outperform” rating on shares of Informa in a research note on Monday, April 29th. Finally, Citigroup restated a “buy” rating on shares of Informa in a research note on Monday. Three research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 862.50 ($11.27).
Shares of Informa stock opened at GBX 776.60 ($10.15) on Thursday. The firm has a market capitalization of $9.73 billion and a PE ratio of 39.42. The company has a debt-to-equity ratio of 47.06, a quick ratio of 0.28 and a current ratio of 0.47. Informa has a 1 year low of GBX 602.80 ($7.88) and a 1 year high of GBX 869.60 ($11.36).
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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