Informa (LON:INF)‘s stock had its “buy” rating reaffirmed by investment analysts at Deutsche Bank in a report released on Monday, November 12th. They presently have a GBX 955 ($12.48) price objective on the stock. Deutsche Bank’s price objective indicates a potential upside of 46.52% from the stock’s previous close.
Several other brokerages have also recently commented on INF. Berenberg Bank restated a “buy” rating and set a GBX 900 ($11.76) price objective on shares of Informa in a research note on Wednesday, August 1st. Peel Hunt reiterated an “add” rating on shares of Informa in a research note on Friday, November 2nd. Shore Capital reiterated a “buy” rating on shares of Informa in a research note on Friday, November 9th. Morgan Stanley cut shares of Informa to an “equal weight” rating and set a GBX 850 ($11.11) target price for the company. in a research note on Thursday, August 16th. Finally, UBS Group reiterated a “buy” rating on shares of Informa in a research note on Monday, October 8th. Four investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Informa presently has an average rating of “Buy” and a consensus price target of GBX 870.67 ($11.38).
LON INF traded down GBX 11 ($0.14) on Monday, hitting GBX 651.80 ($8.52). 4,075,730 shares of the company’s stock traded hands, compared to its average volume of 3,640,000. Informa has a 1-year low of GBX 624.50 ($8.16) and a 1-year high of GBX 773 ($10.10).
Informa Company Profile
Informa plc engages in business intelligence, academic publishing, and knowledge and events businesses worldwide. The company operates through Academic Publishing, Business Intelligence, Global Exhibitions, and Knowledge & Networking segments. The Academic Publishing segment publishes academic books and journals in print and digital formats for university libraries and departments, specialist research institutions, and individuals in the areas of humanities and social sciences, science, technology, and medicine.
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