Informa (LON:INF) PT Raised to GBX 690 at JPMorgan Chase & Co.

Informa (LON:INF – Get Rating) had its price objective lifted by JPMorgan Chase & Co. from GBX 680 ($8.46) to GBX 690 ($8.58) in a report published on Tuesday morning, MarketBeat reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

Other analysts also recently issued reports about the company. Barclays restated an overweight rating and issued a GBX 805 ($10.01) price objective on shares of Informa in a research report on Friday, May 19th. Shore Capital reaffirmed a buy rating on shares of Informa in a research report on Thursday, March 9th. Finally, Numis Securities reaffirmed an add rating and issued a GBX 750 ($9.33) price objective on shares of Informa in a research report on Thursday, March 9th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of Moderate Buy and a consensus target price of GBX 724.29 ($9.01).

Informa Stock Down 0.2 %

INF stock opened at GBX 727.20 ($9.04) on Tuesday. The company’s 50 day simple moving average is GBX 694.02 and its 200-day simple moving average is GBX 658.02. The firm has a market capitalization of £10.25 billion, a PE ratio of 3,030.00, a P/E/G ratio of 0.75 and a beta of 1.12. Informa has a 12 month low of GBX 498.80 ($6.20) and a 12 month high of GBX 732.80 ($9.11). The company has a debt-to-equity ratio of 31.87, a current ratio of 1.31 and a quick ratio of 1.70.

Informa Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, July 14th. Stockholders of record on Thursday, June 1st will be given a dividend of GBX 6.80 ($0.08) per share. The ex-dividend date of this dividend is Thursday, June 1st. This represents a dividend yield of 1%. This is a positive change from Informa’s previous dividend of $3.00. Informa’s dividend payout ratio is currently 4,166.67%.

About Informa

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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.