Informa Plc (INF) Receives Average Recommendation of “Buy” from Analysts
Shares of Informa Plc (LON:INF) have been given an average rating of “Buy” by the seventeen research firms that are covering the firm, Marketbeat reports. Six equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is GBX 775 ($10.06).
INF has been the topic of several analyst reports. Barclays PLC increased their price target on Informa Plc from GBX 730 ($9.48) to GBX 775 ($10.06) and gave the company an “overweight” rating in a report on Wednesday, June 7th. Berenberg Bank reiterated a “buy” rating and set a GBX 800 ($10.39) price target on shares of Informa Plc in a report on Thursday, May 11th. Shore Capital reiterated a “hold” rating on shares of Informa Plc in a report on Friday, May 26th. Credit Suisse Group reiterated a “neutral” rating and set a GBX 705 ($9.15) price target on shares of Informa Plc in a report on Tuesday, May 30th. Finally, Liberum Capital reiterated a “hold” rating and set a GBX 675 ($8.76) price target on shares of Informa Plc in a report on Thursday, June 1st.
Shares of Informa Plc (LON INF) opened at 686.50 on Friday. The stock has a 50 day moving average of GBX 690.00 and a 200-day moving average of GBX 668.12. Informa Plc has a one year low of GBX 480.00 and a one year high of GBX 725.00. The firm’s market capitalization is GBX 5.65 billion.
The company also recently announced a dividend, which will be paid on Friday, September 15th. Investors of record on Thursday, August 10th will be given a GBX 6.65 ($0.09) dividend. The ex-dividend date of this dividend is Thursday, August 10th. This represents a yield of 0.96%.
Informa Plc Company Profile
Informa PLC, together with its subsidiaries, operates in business intelligence, academic publishing, and knowledge and events businesses worldwide. It operates in five segments: Academic Publishing, Business Intelligence, Global Exhibitions, Knowledge & Networking, and Penton Information Services.
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