Euromoney Institutional Investor PLC (ERM) PT Lowered to GBX 1,200 at Canaccord Genuity
Euromoney Institutional Investor PLC (LON:ERM) had its target price dropped by investment analysts at Canaccord Genuity from GBX 1,250 ($16.44) to GBX 1,200 ($15.78) in a note issued to investors on Thursday. The firm presently has a “hold” rating on the stock. Canaccord Genuity’s target price indicates a potential upside of 5.73% from the stock’s current price.
A number of other equities research analysts have also weighed in on ERM. Peel Hunt restated a “buy” rating and set a GBX 1,330 ($17.49) price objective on shares of Euromoney Institutional Investor PLC in a research report on Wednesday. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 1,450 ($19.07) target price on shares of Euromoney Institutional Investor PLC in a report on Wednesday. Finally, Citigroup Inc. reaffirmed a “neutral” rating and set a GBX 1,105 ($14.53) target price on shares of Euromoney Institutional Investor PLC in a report on Wednesday, September 27th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of GBX 1,287 ($16.93).
Shares of Euromoney Institutional Investor PLC (LON:ERM) traded up GBX 2 ($0.03) during mid-day trading on Thursday, reaching GBX 1,135 ($14.93). The company had a trading volume of 14,405 shares, compared to its average volume of 84,482. Euromoney Institutional Investor PLC has a twelve month low of GBX 969 ($12.74) and a twelve month high of GBX 1,216 ($15.99).
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Euromoney Institutional Investor PLC Company Profile
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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