Several other brokerages also recently issued reports on INF. UBS Group reissued a buy rating on shares of Informa in a research note on Tuesday, July 24th. Shore Capital reaffirmed a buy rating on shares of Informa in a research note on Friday, July 20th. Liberum Capital reaffirmed a buy rating on shares of Informa in a research note on Wednesday, July 25th. Citigroup lifted their price target on shares of Informa from GBX 750 ($9.80) to GBX 880 ($11.50) and gave the company a neutral rating in a research note on Monday, July 23rd. Finally, Peel Hunt reaffirmed a hold rating on shares of Informa in a research note on Wednesday, July 25th. Four research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The company has an average rating of Buy and a consensus target price of GBX 870.67 ($11.38).
Shares of LON:INF traded down GBX 11 ($0.14) during trading on Monday, reaching GBX 651.80 ($8.52). The company’s stock had a trading volume of 4,075,730 shares, compared to its average volume of 3,640,000. Informa has a 12 month low of GBX 624.50 ($8.16) and a 12 month 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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