Peel Hunt reissued their buy rating on shares of Euromoney Institutional Investor (LON:ERM) in a research note released on Monday morning. Peel Hunt currently has a GBX 1,330 ($17.90) price objective on the stock.
A number of other research analysts also recently issued reports on ERM. Citigroup reiterated a neutral rating and issued a GBX 1,105 ($14.87) price target on shares of Euromoney Institutional Investor in a report on Wednesday, September 27th. Numis Securities upgraded Euromoney Institutional Investor to a buy rating and set a GBX 1,450 ($19.52) price target on the stock in a report on Thursday, September 28th. Finally, Canaccord Genuity cut their price target on Euromoney Institutional Investor from GBX 1,250 ($16.82) to GBX 1,200 ($16.15) and set a hold rating on the stock in a report on Thursday, November 23rd. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus price target of GBX 1,287 ($17.32).
Euromoney Institutional Investor (ERM) opened at GBX 1,136 ($15.29) on Monday. Euromoney Institutional Investor has a fifty-two week low of GBX 975 ($13.12) and a fifty-two week high of GBX 1,216 ($16.37).
The firm also recently disclosed a dividend, which will be paid on Thursday, February 15th. Stockholders of record on Thursday, November 30th will be given a GBX 21.80 ($0.29) dividend. This is a boost from Euromoney Institutional Investor’s previous dividend of $8.80. The ex-dividend date is Thursday, November 30th. This represents a dividend yield of 1.89%.
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About Euromoney Institutional Investor
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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