Analysts Set Informa plc (LON:INF) Target Price at GBX 865.33

Shares of Informa plc (LON:INF) have earned an average recommendation of “Moderate Buy” from the seven analysts that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is GBX 865.33 ($10.69).

INF has been the topic of several analyst reports. Numis Securities reaffirmed a “buy” rating and set a GBX 922 ($11.39) target price on shares of Informa in a report on Friday, March 8th. Shore Capital reaffirmed a “buy” rating on shares of Informa in a report on Thursday, April 4th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 975 ($12.04) target price on shares of Informa in a research note on Monday, March 11th.

Informa Trading Up 0.8 %

Informa stock opened at GBX 800.80 ($9.89) on Friday. The company has a debt-to-equity ratio of 25.84, a quick ratio of 1.70 and a current ratio of 0.59. The stock has a market cap of £10.89 billion, a PE ratio of 3,203.20, a price-to-earnings-growth ratio of 0.75 and a beta of 1.10. The stock has a 50-day moving average of GBX 814.33 and a two-hundred day moving average of GBX 775.06. Informa has a one year low of GBX 679 ($8.39) and a one year high of GBX 842 ($10.40).

Informa Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, July 12th. Stockholders of record on Thursday, June 6th will be paid a dividend of GBX 12.20 ($0.15) per share. The ex-dividend date of this dividend is Thursday, June 6th. This is a boost from Informa’s previous dividend of $5.80. This represents a dividend yield of 1.51%. Informa’s payout ratio is currently 7,200.00%.

Insider Buying and Selling at Informa

In other Informa news, insider Gareth Wright sold 57,872 shares of the stock in a transaction that occurred on Tuesday, April 2nd. The shares were sold at an average price of GBX 820 ($10.13), for a total value of £474,550.40 ($586,154.15). 0.58% of the stock is currently owned by corporate insiders.

Informa Company Profile

Informa plc operates as an international events, digital services, and academic knowledge company in the United Kingdom, Continental Europe, North America, China, and internationally. It operates through four segments: Informa Markets, Informa Tech, Informa Connect, and Taylor & Francis. The Informa Connect segment delivers specialist content, and live events and on-demand experiences for professionals through in-person, live, and digital platforms and services that enables businesses and professionals to meet, network, discuss, and learn.