Informa (OTCMKTS:IFPJF) Trading 0.6% Higher – Still a Buy?

Informa plc (OTCMKTS:IFPJF)’s stock price rose 0.6% during mid-day trading on Thursday . The company traded as high as $12.05 and last traded at $12.05. Approximately 2,105 shares changed hands during trading, a decline of 82% from the average daily volume of 11,568 shares. The stock had previously closed at $11.98.

Analysts Set New Price Targets

A number of research firms have commented on IFPJF. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Informa in a research report on Wednesday, October 29th. Morgan Stanley restated an “overweight” rating on shares of Informa in a report on Monday, January 12th. Finally, Citigroup started coverage on shares of Informa in a report on Monday, January 12th. They issued a “neutral” rating for the company. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Informa presently has an average rating of “Moderate Buy”.

Informa Stock Performance

The stock’s 50 day moving average is $12.53 and its two-hundred day moving average is $12.09.

About Informa

Informa PLC (OTCMKTS:IFPJF) is a leading international business intelligence and academic publishing group headquartered in London, UK. The company serves a diverse range of industries by combining live events, digital services and data-driven insights through its key operating divisions.

Informa Markets organizes trade shows, exhibitions and conferences around the globe, bringing together buyers and sellers in sectors such as pharmaceuticals, construction and energy. Informa Intelligence delivers market research, analytics and advisory services to financial, maritime and healthcare clients, helping them navigate complex market dynamics.