JPMorgan Chase & Co. Increases Informa (INF) Price Target to GBX 808

Informa (LON:INF) had its price objective hoisted by JPMorgan Chase & Co. from GBX 790 ($11.09) to GBX 808 ($11.35) in a report issued on Wednesday, January 10th. JPMorgan Chase & Co. currently has a neutral rating on the stock.

Several other brokerages have also recently issued reports on INF. Goldman Sachs Group reaffirmed a conviction-buy rating and issued a GBX 863 ($12.12) target price on shares of Informa in a report on Friday, November 24th. Liberum Capital raised Informa to a buy rating and lifted their target price for the stock from GBX 675 ($9.48) to GBX 855 ($12.01) in a report on Friday, November 24th. Kepler Capital Markets raised Informa to a buy rating and lifted their target price for the stock from GBX 700 ($9.83) to GBX 810 ($11.37) in a report on Wednesday, November 22nd. Deutsche Bank reiterated a buy rating and issued a GBX 880 ($12.36) price target on shares of Informa in a research report on Monday, December 4th. Finally, Peel Hunt reiterated a buy rating and issued a GBX 740 ($10.39) price target on shares of Informa in a research report on Monday, December 4th. Seven equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. Informa presently has an average rating of Buy and a consensus price target of GBX 810.57 ($11.38).

Shares of Informa (INF) traded down GBX 5.40 ($0.08) during mid-day trading on Wednesday, hitting GBX 690.80 ($9.70). The stock had a trading volume of 8,425,828 shares, compared to its average volume of 3,640,000. Informa has a 1 year low of GBX 480 ($6.74) and a 1 year high of GBX 773 ($10.86).

In other Informa news, insider Stephen A. Carter acquired 256 shares of Informa stock in a transaction that occurred on Wednesday, November 8th. The stock was bought at an average price of GBX 705 ($9.90) per share, with a total value of £1,804.80 ($2,534.48).

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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.

Analyst Recommendations for Informa (LON:INF)

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