Informa Plc (INF) Given Average Recommendation of “Hold” by Brokerages
Informa Plc (LON:INF) has received a consensus rating of “Hold” from the nineteen analysts that are presently covering the firm. One investment analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation, seven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is GBX 753 ($9.32).
Several research analysts have issued reports on the company. Numis Securities Ltd reiterated an “add” rating and set a GBX 845 ($10.46) price objective on shares of Informa Plc in a research note on Thursday, September 15th. Liberum Capital restated a “hold” rating and set a GBX 740 ($9.16) target price on shares of Informa Plc in a report on Thursday, September 15th. Panmure Gordon restated a “buy” rating and set a GBX 825 ($10.21) target price on shares of Informa Plc in a report on Tuesday, July 26th. Societe Generale increased their target price on Informa Plc from GBX 780 ($9.65) to GBX 845 ($10.46) and gave the stock a “buy” rating in a report on Friday, July 8th. Finally, Barclays PLC increased their target price on Informa Plc from GBX 750 ($9.28) to GBX 765 ($9.47) and gave the stock an “overweight” rating in a report on Monday, July 4th.
Informa Plc (LON:INF) traded down 1.58% during mid-day trading on Wednesday, reaching GBX 654.50. The company’s stock had a trading volume of 3,890,985 shares. The company’s market cap is GBX 4.24 billion. The stock’s 50 day moving average is GBX 713.56 and its 200 day moving average is GBX 697.81. Informa Plc has a 12 month low of GBX 563.00 and a 12 month high of GBX 762.00.
In other Informa Plc news, insider Stephen A. Carter purchased 12,500 shares of the company’s stock in a transaction dated Monday, October 3rd. The shares were bought at an average price of GBX 720 ($8.91) per share, with a total value of £90,000 ($111,386.14). Also, insider John Rishton purchased 6,945 shares of the company’s stock in a transaction dated Friday, September 23rd. The shares were acquired at an average cost of GBX 714 ($8.84) per share, for a total transaction of £49,587.30 ($61,370.42).
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.