Informa Plc (LON:INF)‘s stock had its “add” rating reaffirmed by equities researchers at Numis Securities Ltd in a research report issued on Thursday. They currently have a GBX 845 ($11.25) price objective on the stock. Numis Securities Ltd’s target price would indicate a potential upside of 21.85% from the stock’s current price.
Several other equities research analysts have also weighed in on the stock. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Informa Plc in a research note on Friday, July 29th. Barclays PLC reiterated an “overweight” rating and set a GBX 765 ($10.19) price objective on shares of Informa Plc in a research note on Monday, July 18th. Goldman Sachs Group Inc. reiterated a “buy” rating and set a GBX 877 ($11.68) price objective on shares of Informa Plc in a research note on Tuesday, July 19th. Peel Hunt increased their price objective on shares of Informa Plc from GBX 650 ($8.66) to GBX 750 ($9.99) and gave the stock a “hold” rating in a research note on Thursday, July 7th. Finally, Deutsche Bank AG raised their price target on shares of Informa Plc from GBX 730 ($9.72) to GBX 770 ($10.26) and gave the company a “buy” rating in a research note on Friday, July 15th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. Informa Plc has an average rating of “Buy” and a consensus target price of GBX 752.67 ($10.02).
Informa Plc (LON:INF) opened at 710.50 on Thursday. The company’s 50 day moving average price is GBX 713.38 and its 200 day moving average price is GBX 694.21. Informa Plc has a 12 month low of GBX 545.50 and a 12 month high of GBX 762.00. The firm’s market capitalization is GBX 4.61 billion.
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The company also recently disclosed a dividend, which was paid on Friday, September 9th. Investors of record on Thursday, August 11th were paid a GBX 6.80 ($0.09) dividend. This represents a yield of 0.93%. The ex-dividend date was Thursday, August 11th.
In other news, insider Owers,Helen acquired 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 23rd. The stock was purchased at an average price of GBX 668 ($8.90) per share, with a total value of £6,680 ($8,897.18).
About Informa Plc
Informa plc provides academics, businesses and individuals with knowledge, information and skills and services. It operates in three segments: academic information, which includes the Taylor & Francis publishing business, provides a portfolio of online and print publications, primarily for academic users across the spectrum of science, technology, humanities and social sciences; professional and commercial information, which include Datamonitor, Informa Business Information and Informa Financial Information provides information, across a range of formats and on a global basis, to a variety of sectors, including medical, pharmaceutical, maritime and telecoms, and events and training consists of trade shows and exhibitions, large and small conferences and training courses.
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