Brokerages Set Informa plc (LON:INF) Price Target at GBX 1,097.86

Informa plc (LON:INF) has been assigned an average recommendation of “Moderate Buy” from the seven analysts that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is GBX 1,097.86.

INF has been the subject of a number of analyst reports. JPMorgan Chase & Co. cut their target price on Informa from GBX 1,345 to GBX 1,330 and set an “overweight” rating for the company in a research note on Monday, January 12th. Berenberg Bank restated a “buy” rating and issued a GBX 1,030 price target on shares of Informa in a research note on Wednesday, January 21st. Finally, Citigroup upped their price objective on Informa from GBX 975 to GBX 1,000 and gave the stock a “neutral” rating in a report on Thursday, January 22nd.

Informa Trading Down 0.7%

Shares of Informa stock opened at GBX 745.80 on Friday. Informa has a 52-week low of GBX 634.20 and a 52-week high of GBX 1,000. The company has a quick ratio of 1.70, a current ratio of 0.44 and a debt-to-equity ratio of 61.56. The company’s 50-day simple moving average is GBX 820.39 and its 200-day simple moving average is GBX 885.07. The firm has a market cap of £9.50 billion, a price-to-earnings ratio of 135.60, a price-to-earnings-growth ratio of 0.75 and a beta of 0.65.

Informa (LON:INF) last announced its quarterly earnings data on Thursday, March 12th. The company reported GBX 56 EPS for the quarter. Informa had a net margin of 1.64% and a return on equity of 0.87%. As a group, equities research analysts anticipate that Informa will post 59.3240265 earnings per share for the current year.

Insider Activity at Informa

In other news, insider Stephen A. Carter sold 330,249 shares of the company’s stock in a transaction on Thursday, January 22nd. The shares were sold at an average price of GBX 934, for a total transaction of £3,084,525.66. Insiders own 0.39% 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.

And we do this through a range of products and services, including major live events, specialist media and content, expert research articles, books and open research platforms, accredited training, buyer discovery services, and digital demand and lead-generation services.