Informa (LON:INF) Price Target Cut to GBX 850 by Analysts at Citigroup

Informa (LON:INF) had its price target cut by Citigroup from GBX 1,000 to GBX 850 in a research note released on Thursday morning,London Stock Exchange reports. They currently have a neutral rating on the stock.

Other analysts have also recently issued research reports about the company. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,030 price target on shares of Informa in a research report on Wednesday, January 21st. JPMorgan Chase & Co. reduced their price target on Informa from GBX 1,345 to GBX 1,330 and set an “overweight” rating for the company in a research report on Monday, January 12th. Six equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Informa presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,076.43.

Informa Price Performance

Shares of LON:INF opened at GBX 783.20 on Thursday. Informa has a fifty-two week low of GBX 666 and a fifty-two week high of GBX 1,000. The business has a 50-day moving average of GBX 799.08 and a two-hundred day moving average of GBX 878.19. The stock has a market capitalization of £9.91 billion, a P/E ratio of 979.00, a P/E/G ratio of 0.75 and a beta of 0.69. The company has a debt-to-equity ratio of 61.56, a current ratio of 0.44 and a quick ratio of 1.70.

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

Insider Activity at Informa

In other news, insider Stephen A. Carter sold 330,249 shares of Informa stock in a transaction dated Thursday, January 22nd. The stock was sold at an average price of GBX 934, for a total value 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.