Euromoney Institutional Investor PLC (ERM) Given Consensus Recommendation of “Hold” by Brokerages
Euromoney Institutional Investor PLC (LON:ERM) has been given a consensus rating of “Hold” by the six brokerages that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is GBX 1,256 ($16.22).
Several research firms recently commented on ERM. Canaccord Genuity boosted their price target on Euromoney Institutional Investor PLC from GBX 1,150 ($14.85) to GBX 1,250 ($16.14) and gave the stock a “hold” rating in a research report on Friday, May 19th. Peel Hunt reissued a “buy” rating and set a GBX 1,330 ($17.18) price target on shares of Euromoney Institutional Investor PLC in a research report on Friday, June 9th. Citigroup Inc. began coverage on Euromoney Institutional Investor PLC in a research report on Thursday. They set a “neutral” rating and a GBX 1,105 ($14.27) price target on the stock. Investec reissued a “buy” rating on shares of Euromoney Institutional Investor PLC in a research report on Thursday, May 18th. Finally, Numis Securities Ltd reissued an “add” rating and set a GBX 1,245 ($16.08) price target on shares of Euromoney Institutional Investor PLC in a research report on Friday, July 21st.
Shares of Euromoney Institutional Investor PLC (LON ERM) opened at 1129.00 on Thursday. The stock’s market capitalization is GBX 1.21 billion. The company’s 50 day moving average is GBX 1,106.49 and its 200-day moving average is GBX 1,105.10. Euromoney Institutional Investor PLC has a 1-year low of GBX 944.00 and a 1-year high of GBX 1,240.00.
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About Euromoney Institutional Investor PLC
Euromoney Institutional Investor PLC is an investment holding company. The Company is a business-to-business media company, which is focused on the asset management, banking and commodities sectors. Its segments include Asset management; Pricing, data and market intelligence; Banking and finance, and Commodity events.
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