Informa (LON:INF) Price Target Raised to GBX 1,090

Informa (LON:INF) had its price target lifted by Citigroup from GBX 990 to GBX 1,090 in a research report report published on Wednesday,Digital Look reports. The brokerage currently has a buy rating on the stock.

A number of other analysts have also recently commented on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 1,140 target price on shares of Informa in a research note on Friday, July 31st. Berenberg Bank upped their price target on shares of Informa from GBX 965 to GBX 1,040 and gave the company a “buy” rating in a research note on Friday, July 31st. Finally, JPMorgan Chase & Co. decreased their price target on shares of Informa from GBX 1,300 to GBX 1,285 and set an “overweight” rating for the company in a report on Thursday, July 2nd. Six research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of GBX 1,135.

Informa Price Performance

Shares of LON INF opened at GBX 930.97 on Wednesday. The company has a debt-to-equity ratio of 64.99, a quick ratio of 1.70 and a current ratio of 0.55. The company has a market cap of £11.64 billion, a PE ratio of 54.44, a P/E/G ratio of 0.75 and a beta of 0.68. The business has a 50-day simple moving average of GBX 883.35 and a two-hundred day simple moving average of GBX 833.51. Informa has a fifty-two week low of GBX 719 and a fifty-two week high of GBX 1,000.

Informa (LON:INF) last issued its quarterly earnings results on Thursday, July 30th. The company reported GBX 26.70 earnings per share for the quarter. Informa had a return on equity of 3.90% and a net margin of 5.43%. As a group, equities analysts expect that Informa will post 59.3240265 EPS for the current fiscal year.

Insider Activity

In other news, insider Gareth Wright acquired 222 shares of Informa stock in a transaction dated Wednesday, May 20th. The stock was purchased at an average cost of GBX 809 per share, for a total transaction of £1,795.98. Also, insider Stephen A. Carter bought 222 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were purchased at an average cost of GBX 809 per share, with a total value of £1,795.98. 0.24% of the stock is currently owned by insiders.

Informa Company Profile

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.