Informa (LON:INF) Given New GBX 750 Price Target at Numis Securities

Informa (LON:INFGet Rating) had its target price raised by investment analysts at Numis Securities from GBX 650 ($7.93) to GBX 750 ($9.15) in a report issued on Thursday, Marketbeat Ratings reports. The brokerage presently has an “add” rating on the stock. Numis Securities’ price objective would suggest a potential upside of 12.82% from the stock’s previous close.

INF has been the topic of several other reports. Beaufort Securities reiterated a “buy” rating and set a GBX 750 ($9.15) price objective on shares of Informa in a report on Tuesday, November 15th. Shore Capital reissued a “hold” rating on shares of Informa in a research report on Monday, November 14th. JPMorgan Chase & Co. increased their target price on shares of Informa from GBX 640 ($7.81) to GBX 650 ($7.93) and gave the stock a “neutral” rating in a research report on Tuesday, November 15th. Berenberg Bank increased their target price on shares of Informa from GBX 700 ($8.54) to GBX 750 ($9.15) and gave the stock a “buy” rating in a research report on Friday, September 23rd. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 600 ($7.32) target price on shares of Informa in a research report on Tuesday, November 15th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 712.86 ($8.70).

Informa Trading Up 0.7 %

Shares of INF stock opened at GBX 664.80 ($8.11) on Thursday. The firm has a market cap of £9.43 billion and a P/E ratio of 4,432.00. Informa has a 1-year low of GBX 488 ($5.95) and a 1-year high of GBX 682.20 ($8.32). The company has a debt-to-equity ratio of 34.30, a current ratio of 1.72 and a quick ratio of 1.70. The firm’s 50-day simple moving average is GBX 621.30 and its 200-day simple moving average is GBX 579.49.

Informa Company Profile

(Get Rating)

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.

Further Reading

Analyst Recommendations for Informa (LON:INF)

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.