Informa Plc (INF) Given Buy Rating at Societe Generale
Other analysts also recently issued research reports about the company. Barclays PLC reiterated an overweight rating and issued a GBX 765 ($9.99) price objective on shares of Informa Plc in a research report on Monday, July 18th. Deutsche Bank AG boosted their price objective on Informa Plc from GBX 730 ($9.53) to GBX 770 ($10.05) and gave the company a buy rating in a research report on Friday, July 15th. Panmure Gordon boosted their price objective on Informa Plc from GBX 750 ($9.79) to GBX 825 ($10.77) and gave the company a buy rating in a research report on Tuesday, July 12th. BNP Paribas boosted their price objective on Informa Plc from GBX 700 ($9.14) to GBX 770 ($10.05) and gave the company an outperform rating in a research report on Friday, July 29th. Finally, Shore Capital reiterated a hold rating on shares of Informa Plc in a research report on Tuesday, July 26th. 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 stock. Informa Plc has a consensus rating of Buy and a consensus target price of GBX 752.67 ($9.82).
Shares of Informa Plc (LON:INF) opened at 730.50 on Friday. The company has a 50-day moving average of GBX 713.21 and a 200 day moving average of GBX 695.46. Informa Plc has a 52-week low of GBX 545.50 and a 52-week high of GBX 762.00. The firm’s market cap is GBX 4.74 billion.
The firm also recently announced a dividend, which was paid on Friday, September 9th. Investors of record on Thursday, August 11th were given a dividend of GBX 6.80 ($0.09) per share. This represents a dividend yield of 0.93%. The ex-dividend date was Thursday, August 11th.
In other Informa Plc news, insider Flaschen,David bought 1,000 shares of the business’s stock in a transaction that occurred on Friday, September 16th. The stock was purchased at an average price of GBX 957 ($12.49) per share, for a total transaction of £9,570 ($12,491.84).
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.
Receive News & Ratings for Informa Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Informa Plc and related companies with MarketBeat.com's FREE daily email newsletter.