Informa (LON:INF)‘s stock had its “add” rating reiterated by analysts at Peel Hunt in a report issued on Wednesday.
A number of other analysts have also recently weighed in on the company. Morgan Stanley cut Informa to an “equal weight” rating and set a GBX 850 ($11.11) price target on the stock. in a research report on Thursday, August 16th. Citigroup upgraded Informa to a “buy” rating in a research report on Friday, September 28th. JPMorgan Chase & Co. increased their price objective on Informa from GBX 803 ($10.49) to GBX 812 ($10.61) and gave the stock a “neutral” rating in a report on Friday, October 5th. UBS Group reissued a “buy” rating on shares of Informa in a report on Monday, October 8th. Finally, Deutsche Bank reissued a “buy” rating on shares of Informa in a report on Wednesday, September 12th. Four investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of GBX 870.67 ($11.38).
Shares of Informa stock opened at GBX 671.60 ($8.78) on Wednesday. Informa has a twelve month low of GBX 624.50 ($8.16) and a twelve month high of GBX 773 ($10.10).
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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