Informa Plc’s (INF) Buy Rating Reiterated at Societe Generale
INF has been the topic of several other reports. Barclays PLC reiterated an overweight rating and set a GBX 810 ($10.03) target price on shares of Informa Plc in a report on Wednesday, August 31st. JPMorgan Chase & Co. lifted their price objective on Informa Plc from GBX 765 ($9.48) to GBX 780 ($9.66) and gave the stock an overweight rating in a report on Thursday, September 8th. Canaccord Genuity restated a hold rating and set a GBX 755 ($9.35) price objective on shares of Informa Plc in a report on Thursday, September 15th. Investec upgraded Informa Plc to a buy rating and dropped their price objective for the stock from GBX 728 ($9.02) to GBX 706 ($8.75) in a report on Tuesday, October 18th. Finally, Peel Hunt restated a hold rating and set a GBX 750 ($9.29) price objective on shares of Informa Plc in a report on Thursday, September 22nd. One analyst has rated the stock with a sell rating, six have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus price target of GBX 766.29 ($9.49).
Shares of Informa Plc (LON:INF) opened at 642.50 on Tuesday. The firm’s market capitalization is GBX 4.17 billion. Informa Plc has a one year low of GBX 526.16 and a one year high of GBX 704.50. The company’s 50 day moving average price is GBX 668.45 and its 200 day moving average price is GBX 647.93.
In related news, insider John Rishton bought 6,945 shares of the business’s stock in a transaction dated Friday, September 23rd. The shares were bought at an average cost of GBX 714 ($8.84) per share, with a total value of £49,587.30 ($61,423.63). Also, insider Flaschen,David bought 1,000 shares of the business’s stock in a transaction dated Friday, September 16th. The shares were bought at an average cost of GBX 957 ($11.85) per share, for a total transaction of £9,570 ($11,854.33).
Informa Plc Company Profile
Informa plc provides academics, businesses and individuals with knowledge, information and skills and services. It operates in three segments: academic information, which includes the Taylor & Francis publishing business, provides a portfolio of online and print publications, primarily for academic users across the spectrum of science, technology, humanities and social sciences; professional and commercial information, which include Datamonitor, Informa Business Information and Informa Financial Information provides information, across a range of formats and on a global basis, to a variety of sectors, including medical, pharmaceutical, maritime and telecoms, and events and training consists of trade shows and exhibitions, large and small conferences and training courses.
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