Informa (LON:INF) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

Shares of Informa plc (LON:INF) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 832.67 and traded as high as GBX 898. Informa shares last traded at GBX 894.36, with a volume of 2,943,257 shares trading hands.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Citigroup cut their price target on shares of Informa from GBX 1,000 to GBX 850 and set a “neutral” rating on the stock in a report on Thursday, April 9th. JPMorgan Chase & Co. cut their target price on Informa from GBX 1,300 to GBX 1,285 and set an “overweight” rating on the stock in a report on Thursday, July 2nd. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,093.33.

Informa Price Performance

The business has a fifty day simple moving average of GBX 840.90 and a 200-day simple moving average of GBX 832.67. The stock has a market capitalization of £11.21 billion, a P/E ratio of 1,117.95, a PEG ratio of 0.75 and a beta of 0.69. The company has a debt-to-equity ratio of 61.56, a quick ratio of 1.70 and a current ratio of 0.44.

Insider Buying and Selling at Informa

In related news, insider Gareth Wright purchased 222 shares of Informa stock in a transaction on Wednesday, May 20th. The stock was acquired at an average cost of GBX 809 per share, for a total transaction of £1,795.98. Also, insider Stephen A. Carter purchased 222 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was bought at an average cost of GBX 809 per share, with a total value of £1,795.98. 0.39% of the stock is owned by corporate insiders.

Informa Company Profile

Our events, digital products and academic research services connect specialists with knowledge, helping them learn more, know more and do more.

We do this in dozens of specialist markets and subject matter categories, including in Healthcare & Pharma, Technology, Finance, Education, Marketing, Health & Nutrition, Foodservice, and many more.

And we do this through a range of products and services, including major live events, specialist media and content, expert research articles, books and open research platforms, accredited training, buyer discovery services, and digital demand and lead-generation services.