Euromoney Institutional Investor PLC (ERM) Given “Neutral” Rating at Citigroup Inc.
Citigroup Inc. reiterated their neutral rating on shares of Euromoney Institutional Investor PLC (LON:ERM) in a report released on Wednesday morning. Citigroup Inc. currently has a GBX 1,105 ($14.86) price objective on the stock.
A number of other brokerages also recently weighed in on ERM. Investec reaffirmed a buy rating and issued a GBX 1,350 ($18.15) target price on shares of Euromoney Institutional Investor PLC in a research note on Friday, July 21st. Peel Hunt reaffirmed a buy rating and issued a GBX 1,330 ($17.89) target price on shares of Euromoney Institutional Investor PLC in a research note on Sunday, July 23rd. Finally, Numis Securities Ltd reaffirmed an add rating and issued a GBX 1,245 ($16.74) target price on shares of Euromoney Institutional Investor PLC in a research note on Friday, July 21st. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average target price of GBX 1,226.50 ($16.49).
Euromoney Institutional Investor PLC (LON ERM) traded down 3.26% on Wednesday, hitting GBX 1159.00. 30,324 shares of the stock traded hands. The stock’s market cap is GBX 1.24 billion. Euromoney Institutional Investor PLC has a 12-month low of GBX 944.00 and a 12-month high of GBX 1,240.00. The stock has a 50-day moving average price of GBX 1,114.05 and a 200 day moving average price of GBX 1,106.42.
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About Euromoney Institutional Investor PLC
Euromoney Institutional Investor PLC is an investment holding company. The Company is a business-to-business media company, which is focused on the asset management, banking and commodities sectors. Its segments include Asset management; Pricing, data and market intelligence; Banking and finance, and Commodity events.
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