Deutsche Bank reaffirmed their buy rating on shares of Informa (LON:INF) in a report released on Friday.
A number of other research analysts also recently weighed in on the company. Berenberg Bank dropped their price target on Informa from GBX 825 ($11.58) to GBX 800 ($11.23) and set a buy rating on the stock in a research note on Thursday, March 8th. Peel Hunt downgraded Informa to a hold rating and increased their price objective for the stock from GBX 740 ($10.39) to GBX 780 ($10.95) in a research note on Wednesday, January 17th. Liberum Capital reissued a buy rating and issued a GBX 855 ($12.00) price objective on shares of Informa in a research note on Monday, January 15th. JPMorgan Chase increased their price objective on Informa from GBX 790 ($11.09) to GBX 808 ($11.34) and gave the stock a neutral rating in a research note on Wednesday, January 10th. Finally, Citigroup reissued a neutral rating and issued a GBX 750 ($10.53) price objective on shares of Informa in a research note on Wednesday, January 31st. Six investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. Informa has an average rating of Buy and an average target price of GBX 809.57 ($11.36).
LON INF opened at GBX 724.20 ($10.17) on Friday. Informa has a 12 month low of GBX 624.50 ($8.77) and a 12 month high of GBX 773 ($10.85).
The firm also recently announced a dividend, which will be paid on Friday, June 1st. Stockholders of record on Thursday, April 19th will be issued a GBX 13.80 ($0.19) dividend. The ex-dividend date is Thursday, April 19th. This is a positive change from Informa’s previous dividend of $6.65. This represents a dividend yield of 1.99%.
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Informa plc engages in business intelligence, academic publishing, and knowledge and events businesses worldwide. The company operates through Academic Publishing, Business Intelligence, Global Exhibitions, and Knowledge & Networking segments. The Academic Publishing segment publishes academic books and journals in print and digital formats for university libraries and departments, specialist research institutions, and individuals in the areas of humanities and social sciences, science, technology, and medicine.
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