Informa plc (LON:INF) Receives Consensus Recommendation of “Buy” from Brokerages

Shares of Informa plc (LON:INFGet Rating) have been assigned a consensus rating of “Buy” from the ten research firms that are presently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 656.60 ($8.26).

A number of brokerages have commented on INF. Berenberg Bank reiterated a “buy” rating and set a GBX 685 ($8.62) target price on shares of Informa in a report on Monday, May 16th. Barclays reissued an “overweight” rating and set a GBX 665 ($8.37) price target on shares of Informa in a research note on Wednesday, March 16th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Informa in a research note on Tuesday, February 8th. Finally, Shore Capital reissued a “hold” rating on shares of Informa in a research note on Tuesday, March 15th.

In related news, insider Patrick Martell sold 6,907 shares of the stock in a transaction on Thursday, March 31st. The stock was sold at an average price of GBX 606 ($7.63), for a total value of £41,856.42 ($52,669.46). Also, insider Gareth Wright sold 26,917 shares of the stock in a transaction on Monday, April 4th. The shares were sold at an average price of GBX 602 ($7.58), for a total value of £162,040.34 ($203,901.27).

LON:INF traded down GBX 6.20 ($0.08) during trading hours on Friday, reaching GBX 546 ($6.87). 1,912,109 shares of the company traded hands, compared to its average volume of 4,234,147. The firm’s 50-day moving average is GBX 581.88 and its 200-day moving average is GBX 554.37. The stock has a market cap of £8.06 billion and a P/E ratio of 104.81. The company has a debt-to-equity ratio of 38.53, a current ratio of 0.94 and a quick ratio of 0.87. Informa has a 1-year low of GBX 459.80 ($5.79) and a 1-year high of GBX 628 ($7.90).

Informa Company Profile (Get Rating)

Informa plc operates as a business-to-business exhibitions and events, learning, and information services company worldwide. It operates through five divisions: Informa Connect, Informa Intelligence, Informa Markets, Informa Tech, and Taylor & Francis. The Informa Connect division provides content-driven events and digital platforms that allow professionals to meet, connect, learn, and share knowledge.

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Analyst Recommendations for Informa (LON:INF)

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