Informa Plc (INF) Given Buy Rating at Societe Generale
Societe Generale reaffirmed their buy rating on shares of Informa Plc (LON:INF) in a research note issued to investors on Friday. Societe Generale currently has a GBX 845 ($11.03) target price on the stock.
Several other analysts also recently weighed in on INF. Peel Hunt reiterated a hold rating and set a GBX 650 ($8.48) price target on shares of Informa Plc in a research note on Thursday, May 19th. Shore Capital reiterated a hold rating on shares of Informa Plc in a research note on Thursday, May 19th. Numis Securities Ltd reiterated a buy rating and set a GBX 770 ($10.05) price target on shares of Informa Plc in a research note on Thursday, May 19th. Deutsche Bank AG boosted their price target on Informa Plc from GBX 680 ($8.88) to GBX 730 ($9.53) and gave the company a buy rating in a research note on Friday, May 20th. Finally, BNP Paribas reiterated an outperform rating and set a GBX 700 ($9.14) price target on shares of Informa Plc in a research note on Tuesday, May 24th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. Informa Plc currently has an average rating of Buy and a consensus price target of GBX 752.67 ($9.82).
Shares of Informa Plc (LON:INF) opened at 730.50 on Friday. The stock’s market cap is GBX 4.74 billion. The company’s 50 day moving average price is GBX 713.21 and its 200 day moving average price is GBX 695.46. Informa Plc has a 52-week low of GBX 545.50 and a 52-week high of GBX 762.00.
The business also recently declared a dividend, which was paid on Friday, September 9th. Stockholders of record on Thursday, August 11th were given a GBX 6.80 ($0.09) dividend. The ex-dividend date of this dividend was Thursday, August 11th. This represents a dividend yield of 0.93%.
In related news, insider Flaschen,David purchased 1,000 shares of the company’s stock in a transaction dated Friday, September 16th. The stock was acquired at an average cost of GBX 957 ($12.49) per share, for a total transaction of £9,570 ($12,491.84).
Informa Plc Company Profile
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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