Citigroup Issues Positive Forecast for Informa (LON:INF) Stock Price

Informa (LON:INF) had its target price increased by equities research analysts at Citigroup from GBX 975 to GBX 1,000 in a report issued on Thursday, Marketbeat reports. The brokerage currently has a “neutral” rating on the stock. Citigroup’s price objective would suggest a potential upside of 7.50% from the stock’s previous close.

A number of other research analysts also recently commented on INF. JPMorgan Chase & Co. lowered their target price on Informa from GBX 1,345 to GBX 1,330 and set an “overweight” rating for the company in a research report on Monday, January 12th. Panmure Gordon restated a “buy” rating and set a GBX 1,200 target price on shares of Informa in a research report on Wednesday, November 19th. Berenberg Bank restated a “buy” rating and issued a GBX 1,030 price target on shares of Informa in a research report on Wednesday. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Informa from GBX 1,000 to GBX 1,140 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Finally, UBS Group reissued a “buy” rating and issued a GBX 1,055 price objective on shares of Informa in a research report on Friday, November 7th. Six investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 1,097.86.

Informa Trading Up 0.2%

Shares of Informa stock opened at GBX 930.20 on Thursday. The company has a quick ratio of 1.70, a current ratio of 0.56 and a debt-to-equity ratio of 31.98. The firm has a market cap of £11.90 billion, a price-to-earnings ratio of 169.13, a PEG ratio of 0.75 and a beta of 1.12. Informa has a twelve month low of GBX 634.20 and a twelve month high of GBX 1,000. The business has a 50-day moving average price of GBX 905.85 and a 200-day moving average price of GBX 901.22.

About Informa

Our events, digital products and academic research services connect specialists with knowledge, helping them learn more, know more and do more.

We do this in dozens of specialist markets and subject matter categories, including in Healthcare & Pharma, Technology, Finance, Education, Marketing, Health & Nutrition, Foodservice, and many more.

And we do this through a range of products and services, including major live events, specialist media and content, expert research articles, books and open research platforms, accredited training, buyer discovery services, and digital demand and lead-generation services.