JPMorgan Chase & Co. Begins Coverage on Informa (LON:INF)

JPMorgan Chase & Co. assumed coverage on shares of Informa (LON:INF) in a research report issued on Wednesday, Marketbeat Ratings reports. The brokerage set an “overweight” rating and a GBX 1,020 price target on the stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 16.54% from the company’s current price.

Separately, Shore Capital reaffirmed a “buy” rating and issued a GBX 930 price objective on shares of Informa in a research report on Friday, May 23rd. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of GBX 975.

Informa Stock Performance

Shares of Informa stock opened at GBX 875.25 on Wednesday. The firm has a market capitalization of £11.33 billion, a P/E ratio of 15,913.60, a PEG ratio of 0.75 and a beta of 1.12. The company has a quick ratio of 1.70, a current ratio of 0.56 and a debt-to-equity ratio of 31.98. The company has a 50 day moving average price of GBX 856.39 and a 200 day moving average price of GBX 802.15. Informa has a 52 week low of GBX 634.20 and a 52 week high of GBX 911.60.

Informa (LON:INF) last announced its quarterly earnings data on Wednesday, July 23rd. The company reported GBX 30.10 EPS for the quarter. Informa had a net margin of 9.30% and a return on equity of 4.75%. Sell-side analysts expect that Informa will post 59.3240265 EPS for the current year.

Insider Transactions at Informa

In other Informa news, insider Stephen A. Carter sold 406,936 shares of the firm’s stock in a transaction that occurred on Tuesday, July 29th. The shares were sold at an average price of GBX 865, for a total transaction of £3,519,996.40. Corporate insiders own 0.41% of the company’s stock.

About Informa

Our events, digital products and academic research services connect specialists with knowledge, helping them learn more, know more and do more.

We do this in dozens of specialist markets and subject matter categories, including in Healthcare & Pharma, Technology, Finance, Education, Marketing, Health & Nutrition, Foodservice, and many more.