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).

Analyst Recommendations for Euromoney Institutional Investor PLC (LON:ERM)

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.

COPYRIGHT VIOLATION WARNING: This news story was originally reported by Daily Political and is the propert of of Daily Political. If you are viewing this news story on another site, it was illegally copied and republished in violation of United States and international trademark and copyright legislation. The correct version of this news story can be viewed at http://www.dailypolitical.com/2016/11/30/euromoney-institutional-investor-plc-erm-pt-lowered-to-gbx-1120.html.

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.

Receive News & Ratings for Euromoney Institutional Investor PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Euromoney Institutional Investor PLC and related companies with MarketBeat.com's FREE daily email newsletter.