Peel Hunt Reiterates “Add” Rating for Informa (INF)
A number of other research firms also recently weighed in on INF. JPMorgan Chase & Co. raised their price target on shares of Informa from GBX 803 ($10.49) to GBX 812 ($10.61) and gave the company a neutral rating in a research note on Friday, October 5th. Barclays lowered their price target on shares of Informa from GBX 940 ($12.28) to GBX 885 ($11.56) and set an overweight rating for the company in a report on Friday, September 28th. Deutsche Bank restated a buy rating on shares of Informa in a report on Friday, November 2nd. Liberum Capital restated a buy rating on shares of Informa in a report on Friday, November 9th. Finally, Citigroup upgraded shares of Informa to a buy rating in a report on Friday, September 28th. Four analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average price target of GBX 870.67 ($11.38).
Shares of Informa stock opened at GBX 668 ($8.73) on Wednesday. Informa has a 12-month low of GBX 624.50 ($8.16) and a 12-month high of GBX 773 ($10.10).
Informa plc engages in business intelligence, academic publishing, and knowledge and events businesses worldwide. The company operates through Academic Publishing, Business Intelligence, Global Exhibitions, and Knowledge & Networking segments. The Academic Publishing segment publishes academic books and journals in print and digital formats for university libraries and departments, specialist research institutions, and individuals in the areas of humanities and social sciences, science, technology, and medicine.
Read More: Compound Annual Growth Rate (CAGR)
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.