Informa (LON:INF – Get Rating) had its target price hoisted by analysts at Berenberg Bank from GBX 700 ($8.46) to GBX 750 ($9.06) in a research report issued on Friday, LSE.Co.UK reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s target price would suggest a potential upside of 42.59% from the company’s previous close.
Several other analysts have also recently weighed in on the company. Shore Capital reaffirmed a “hold” rating on shares of Informa in a research report on Thursday, August 4th. Barclays boosted their price target on Informa from GBX 650 ($7.85) to GBX 690 ($8.34) and gave the stock an “overweight” rating in a research report on Friday, August 5th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 666.60 ($8.05).
Informa Stock Performance
Informa stock opened at GBX 526 ($6.36) on Friday. The stock’s 50 day simple moving average is GBX 567.60 and its two-hundred day simple moving average is GBX 564.45. The company has a debt-to-equity ratio of 34.30, a quick ratio of 1.70 and a current ratio of 1.72. The stock has a market cap of £7.57 billion and a price-to-earnings ratio of 3,506.67. Informa has a fifty-two week low of GBX 459.80 ($5.56) and a fifty-two week high of GBX 628 ($7.59).
Informa plc operates as an intelligence, events, and scholarly research company worldwide. It operates through five divisions: Informa Connect, Informa Intelligence, Informa Markets, Informa Tech, and Taylor & Francis. The Informa Connect division delivers specialist content and live experiences through in-person and virtual events, and digital platforms and services that enables businesses and professionals to meet, connect, learn, and share knowledge.
- The Institutions Hold On To Darden Restaurants International
- What Steelcase’s Earnings Say About the Return to the Office?
- These 3 Big Dividend Payers Also Boast Strong Price Growth
- Is The Golden Age Of Homebuilding Already Over?
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
Receive News & Ratings for Informa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Informa and related companies with MarketBeat.com's FREE daily email newsletter.