Informa’s (INF) “Buy” Rating Reaffirmed at Liberum Capital
Informa (LON:INF)‘s stock had its “buy” rating restated by Liberum Capital in a note issued to investors on Monday. They currently have a GBX 855 ($11.59) price target on the stock. Liberum Capital’s target price points to a potential upside of 14.77% from the stock’s previous close.
INF has been the topic of a number of other reports. JPMorgan Chase & Co. lowered Informa to a “neutral” rating and lowered their price target for the stock from GBX 807 ($10.94) to GBX 790 ($10.71) in a research note on Thursday, November 2nd. Deutsche Bank reaffirmed a “buy” rating and issued a GBX 790 ($10.71) price target on shares of Informa in a research note on Monday, November 6th. Goldman Sachs Group reaffirmed a “conviction-buy” rating and issued a GBX 863 ($11.70) price target on shares of Informa in a research note on Friday, November 24th. Kepler Capital Markets raised Informa to a “buy” rating and lifted their price target for the stock from GBX 700 ($9.49) to GBX 810 ($10.98) in a research note on Wednesday, November 22nd. Finally, Shore Capital reaffirmed a “hold” rating on shares of Informa in a research note on Wednesday, November 1st. Four equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Informa currently has a consensus rating of “Buy” and a consensus target price of GBX 813.27 ($11.03).
Shares of Informa (INF) opened at GBX 745 ($10.10) on Monday. Informa has a 12 month low of GBX 480 ($6.51) and a 12 month high of GBX 773 ($10.48).
In related news, insider Stephen A. Carter acquired 256 shares of Informa stock in a transaction that occurred on Wednesday, November 8th. The shares were purchased at an average price of GBX 705 ($9.56) per share, for a total transaction of £1,804.80 ($2,447.52).
Informa Company Profile
Informa PLC, together with its subsidiaries, operates in business intelligence, academic publishing, and knowledge and events businesses worldwide. It operates in five segments: Academic Publishing, Business Intelligence, Global Exhibitions, Knowledge & Networking, and Penton Information Services.
Receive News & Ratings for Informa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Informa and related companies with MarketBeat.com's FREE daily email newsletter.