Informa (LON:INF) had its price target lifted by JPMorgan Chase & Co. from GBX 790 ($10.71) to GBX 808 ($10.96) in a note issued to investors on Wednesday. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s target price points to a potential upside of 8.46% from the stock’s previous close.
A number of other research firms have also weighed in on INF. Deutsche Bank restated a “buy” rating and set a GBX 790 ($10.71) target price on shares of Informa in a report on Monday, November 6th. Liberum Capital restated a “hold” rating and set a GBX 675 ($9.15) target price on shares of Informa in a report on Tuesday, September 26th. Peel Hunt restated a “buy” rating and set a GBX 740 ($10.04) target price on shares of Informa in a report on Thursday, November 9th. Shore Capital restated a “hold” rating on shares of Informa in a report on Wednesday, November 1st. Finally, Kepler Capital Markets upgraded Informa to a “buy” rating and upped their target price for the stock from GBX 700 ($9.49) to GBX 810 ($10.98) in a report on Wednesday, November 22nd. Four analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. Informa currently has a consensus rating of “Buy” and a consensus price target of GBX 813.27 ($11.03).
Informa (LON:INF) traded down GBX 5 ($0.07) during trading on Wednesday, reaching GBX 745 ($10.10). The company’s stock had a trading volume of 1,080,000 shares, compared to its average volume of 1,890,000. Informa has a one year low of GBX 480 ($6.51) and a one year high of GBX 773 ($10.48).
In other Informa news, insider Stephen A. Carter acquired 256 shares of the firm’s stock in a transaction dated Wednesday, November 8th. The stock was purchased at an average price of GBX 705 ($9.56) per share, for a total transaction of £1,804.80 ($2,447.52).
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Informa Company Profile
Informa PLC, together with its subsidiaries, operates in business intelligence, academic publishing, and knowledge and events businesses worldwide. It operates in five segments: Academic Publishing, Business Intelligence, Global Exhibitions, Knowledge & Networking, and Penton Information Services.
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