Euromoney Institutional Investor PLC (ERM) PT Lowered to GBX 1,120
Euromoney Institutional Investor PLC (LON:ERM) had its price objective trimmed by Canaccord Genuity from GBX 1,165 ($14.45) to GBX 1,120 ($13.89) in a research note issued to investors on Thursday morning. The brokerage currently has a hold rating on the stock.
Several other research analysts have also commented on ERM. Peel Hunt reaffirmed a hold rating and issued a GBX 1,050 ($13.03) price target on shares of Euromoney Institutional Investor PLC in a report on Thursday, November 24th. Numis Securities Ltd reaffirmed an add rating and issued a GBX 1,245 ($15.44) price target on shares of Euromoney Institutional Investor PLC in a report on Thursday, September 29th. Finally, N+1 Singer reaffirmed a sell rating and issued a GBX 874 ($10.84) price target on shares of Euromoney Institutional Investor PLC in a report on Thursday, September 29th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. The stock currently has an average rating of Hold and a consensus target price of GBX 1,067.80 ($13.25).
Shares of Euromoney Institutional Investor PLC (LON:ERM) opened at 1022.00 on Thursday. The stock has a 50 day moving average of GBX 1,030.22 and a 200-day moving average of GBX 1,023.27. The stock’s market capitalization is GBX 1.29 billion. Euromoney Institutional Investor PLC has a one year low of GBX 797.61 and a one year high of GBX 1,240.00.
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The company also recently announced a dividend, which will be paid on Thursday, February 9th. Shareholders of record on Thursday, December 1st will be paid a dividend of GBX 16.40 ($0.20) per share. This represents a yield of 1.63%. This is a positive change from Euromoney Institutional Investor PLC’s previous dividend of $7.00. The ex-dividend date is Thursday, December 1st.
About Euromoney Institutional Investor PLC
Euromoney Institutional Investor PLC is a United Kingdom-based business-to-business media company, which is focused on the international finance, metals and commodities sectors. The Company’s divisions include research and data; financial publishing; business publishing, and conferences, seminars and training.
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