Peel Hunt Reiterates “Buy” Rating for Informa Plc (INF)
A number of other analysts have also issued reports on INF. Deutsche Bank AG reiterated a buy rating and set a GBX 790 ($10.62) price objective on shares of Informa Plc in a research note on Tuesday, May 30th. Barclays PLC reiterated an overweight rating and set a GBX 730 ($9.82) price objective on shares of Informa Plc in a research note on Tuesday, May 30th. Credit Suisse Group reiterated a neutral rating and set a GBX 705 ($9.48) price objective on shares of Informa Plc in a research note on Tuesday, May 30th. Liberum Capital reiterated a hold rating and set a GBX 675 ($9.08) price objective on shares of Informa Plc in a research note on Thursday, June 1st. Finally, Shore Capital reiterated a hold rating on shares of Informa Plc in a research note on Wednesday, July 19th. Five analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus target price of GBX 769.64 ($10.35).
Informa Plc (LON INF) opened at 672.00 on Tuesday. The firm’s market cap is GBX 5.53 billion. Informa Plc has a 12-month low of GBX 480.00 and a 12-month high of GBX 725.00. The firm’s 50-day moving average is GBX 691.65 and its 200 day moving average is GBX 669.73.
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The business also recently declared a dividend, which was paid on Friday, September 15th. Stockholders of record on Thursday, August 10th were given a dividend of GBX 6.65 ($0.09) per share. This represents a dividend yield of 0.96%. The ex-dividend date of this dividend was Thursday, August 10th.
In other Informa Plc news, insider Gareth Bullock acquired 125 shares of the firm’s stock in a transaction on Friday, September 15th. The stock was purchased at an average price of GBX 669 ($9.00) per share, with a total value of £836.25 ($1,124.60).
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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