Informa’s (INF) “Buy” Rating Reiterated at Berenberg Bank

Informa (LON:INF)‘s stock had its “buy” rating reiterated by research analysts at Berenberg Bank in a report released on Wednesday,Digital Look reports. They presently have a GBX 1,030 target price on the stock. Berenberg Bank’s price objective would suggest a potential upside of 10.99% from the company’s previous close.

Several other research analysts have also weighed in on INF. JPMorgan Chase & Co. lowered their target price on shares of Informa from GBX 1,345 to GBX 1,330 and set an “overweight” rating on the stock in a research report on Monday, January 12th. Citigroup initiated coverage on Informa in a research note on Monday, January 12th. They issued a “neutral” rating and a GBX 975 price objective for the company. UBS Group reiterated a “buy” rating and set a GBX 1,055 target price on shares of Informa in a research report on Friday, November 7th. Deutsche Bank Aktiengesellschaft raised their price target on Informa from GBX 1,000 to GBX 1,140 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Finally, Panmure Gordon reiterated a “buy” rating and issued a GBX 1,200 price objective on shares of Informa in a research report on Wednesday, November 19th. Six equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Informa currently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,094.29.

Informa Price Performance

LON:INF traded up GBX 15.80 during trading hours on Wednesday, hitting GBX 928. The company’s stock had a trading volume of 568,582,375 shares, compared to its average volume of 44,102,094. Informa has a 52-week low of GBX 634.20 and a 52-week high of GBX 1,000. The company has a debt-to-equity ratio of 31.98, a quick ratio of 1.70 and a current ratio of 0.56. The business’s 50-day moving average is GBX 906.33 and its two-hundred day moving average is GBX 901.03. The company has a market capitalization of £11.87 billion, a PE ratio of 168.73, a PEG ratio of 0.75 and a beta of 1.12.

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.