Euromoney Institutional Investor (ERM) Earns “Buy” Rating from Peel Hunt
Euromoney Institutional Investor (LON:ERM)‘s stock had its “buy” rating reaffirmed by analysts at Peel Hunt in a report released on Monday. They currently have a GBX 1,380 ($19.07) price objective on the stock. Peel Hunt’s target price would indicate a potential upside of 15.00% from the company’s current price.
ERM has been the subject of several other reports. Citigroup restated a “neutral” rating on shares of Euromoney Institutional Investor in a research note on Tuesday, November 21st. Canaccord Genuity lowered their target price on shares of Euromoney Institutional Investor from GBX 1,250 ($17.27) to GBX 1,200 ($16.58) and set a “hold” rating for the company in a research note on Thursday, November 23rd. Finally, Numis Securities restated a “buy” rating and issued a GBX 1,450 ($20.03) target price on shares of Euromoney Institutional Investor in a research note on Wednesday, November 22nd. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Euromoney Institutional Investor presently has a consensus rating of “Buy” and a consensus target price of GBX 1,297 ($17.92).
Euromoney Institutional Investor (LON ERM) opened at GBX 1,200 ($16.58) on Monday. Euromoney Institutional Investor has a one year low of GBX 995 ($13.75) and a one year high of GBX 1,310 ($18.10). The stock has a market cap of $1,310.00 and a P/E ratio of 3,636.36.
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Euromoney Institutional Investor 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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