Informa (LON:INF) has been given an average rating of “Buy” by the fifteen ratings firms that are covering the stock, MarketBeat Ratings reports. Six analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokers that have covered the stock in the last year is GBX 808.80 ($10.97).
INF has been the subject of several research analyst reports. Numis Securities reaffirmed an “add” rating and set a GBX 825 ($11.19) target price on shares of Informa in a research note on Tuesday, January 30th. Peel Hunt raised shares of Informa to an “add” rating and set a GBX 740 ($10.04) target price for the company in a research note on Friday. Deutsche Bank reissued a “buy” rating on shares of Informa in a research note on Wednesday, January 17th. Liberum Capital reissued a “buy” rating and issued a GBX 855 ($11.60) price objective on shares of Informa in a research note on Monday, January 15th. Finally, Societe Generale reissued a “buy” rating and issued a GBX 810 ($10.99) price objective on shares of Informa in a research note on Friday, January 26th.
Shares of INF traded up GBX 6 ($0.08) during trading hours on Thursday, hitting GBX 762.80 ($10.35). The stock had a trading volume of 5,788,152 shares, compared to its average volume of 3,640,000. Informa has a fifty-two week low of GBX 624.50 ($8.47) and a fifty-two week high of GBX 773 ($10.49).
The company 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. This represents a dividend yield of 1.99%. The ex-dividend date of this dividend is Thursday, April 19th. This is a positive change from Informa’s previous dividend of $6.65.
Informa Company Profile
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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