Informa (OTCMKTS:IFPJF) Shares Up 0.6% – Time to Buy?

Informa plc (OTCMKTS:IFPJF)’s stock price rose 0.6% on Thursday . The company traded as high as $12.05 and last traded at $12.05. Approximately 2,105 shares were traded during mid-day trading, a decline of 82% from the average daily volume of 11,568 shares. The stock had previously closed at $11.98.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Morgan Stanley reaffirmed an “overweight” rating on shares of Informa in a report on Monday, January 12th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Informa in a report on Wednesday, October 29th. Finally, Citigroup began coverage on Informa in a research note on Monday, January 12th. They set a “neutral” rating for the company. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Informa presently has an average rating of “Moderate Buy”.

Informa Trading Up 0.6%

The stock’s fifty day moving average price is $12.53 and its 200-day moving average price is $12.09.

About Informa

Informa PLC (OTCMKTS:IFPJF) is a leading international business intelligence and academic publishing group headquartered in London, UK. The company serves a diverse range of industries by combining live events, digital services and data-driven insights through its key operating divisions.

Informa Markets organizes trade shows, exhibitions and conferences around the globe, bringing together buyers and sellers in sectors such as pharmaceuticals, construction and energy. Informa Intelligence delivers market research, analytics and advisory services to financial, maritime and healthcare clients, helping them navigate complex market dynamics.