Informa plc (LON:INF) Receives Average Recommendation of “Moderate Buy” from Brokerages

Informa plc (LON:INF) has been given a consensus rating of “Moderate Buy” by the seven brokerages that are covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is GBX 865.33 ($10.69).

A number of research firms have recently commented on INF. Shore Capital reaffirmed a “buy” rating on shares of Informa in a research report on Thursday, April 4th. Numis Securities reaffirmed a “buy” rating and set a GBX 922 ($11.39) price target on shares of Informa in a research report on Friday, March 8th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 975 ($12.04) price target on shares of Informa in a research report on Monday, March 11th.

Informa Trading Up 0.9 %

LON INF opened at GBX 801.60 ($9.90) on Friday. The firm has a market cap of £10.90 billion, a P/E ratio of 3,177.60, a P/E/G ratio of 0.75 and a beta of 1.10. The company has a debt-to-equity ratio of 25.84, a current ratio of 0.59 and a quick ratio of 1.70. The stock’s 50-day moving average is GBX 814.65 and its 200-day moving average is GBX 773.81. 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 company also recently disclosed a dividend, which will be paid on Friday, July 12th. Investors of record on Thursday, June 6th will be issued a dividend of GBX 12.20 ($0.15) per share. The ex-dividend date of this dividend is Thursday, June 6th. This is an increase from Informa’s previous dividend of $5.80. This represents a dividend yield of 1.51%. Informa’s dividend payout ratio (DPR) is presently 7,200.00%.

Insider Buying and Selling

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

About Informa

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.