Informa plc (LON:INF) Receives GBX 875.40 Consensus Target Price from Brokerages

Informa plc (LON:INF) has earned an average recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is GBX 875.40 ($11.21).

A number of equities research analysts have recently issued reports on INF shares. Citigroup reissued a “buy” rating on shares of Informa in a report on Thursday, July 4th. Berenberg Bank increased their target price on shares of Informa from GBX 975 ($12.49) to GBX 1,010 ($12.94) and gave the stock a “buy” rating in a research note on Friday, June 28th. Finally, Shore Capital restated a “buy” rating on shares of Informa in a research report on Thursday, April 4th.

Informa Stock Down 0.6 %

INF stock opened at GBX 850.60 ($10.90) on Wednesday. The stock has a fifty day moving average of GBX 847.04 and a 200-day moving average of GBX 814.95. Informa has a fifty-two week low of GBX 684 ($8.76) and a fifty-two week high of GBX 880.62 ($11.28). The company has a market capitalization of £11.48 billion, a price-to-earnings ratio of 2,855.33, a PEG ratio of 0.75 and a beta of 1.10. The company has a debt-to-equity ratio of 25.84, a quick ratio of 1.70 and a current ratio of 0.59.

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.