Informa (INF) Receives Buy Rating from Deutsche Bank
Several other equities analysts have also recently commented on INF. Peel Hunt reaffirmed a buy rating and set a GBX 740 ($9.96) price target on shares of Informa in a research report on Monday, September 4th. Liberum Capital reissued a hold rating and issued a GBX 675 ($9.08) target price on shares of Informa in a report on Tuesday, September 26th. Shore Capital reissued a hold rating on shares of Informa in a report on Wednesday, November 1st. J P Morgan Chase & Co cut shares of Informa to a neutral rating and cut their target price for the stock from GBX 807 ($10.86) to GBX 790 ($10.63) in a report on Thursday, November 2nd. Finally, Berenberg Bank raised their target price on shares of Informa from GBX 800 ($10.77) to GBX 810 ($10.90) and gave the stock a buy rating in a report on Friday, November 10th. Four research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. Informa has an average rating of Buy and an average target price of GBX 804.17 ($10.82).
Shares of Informa (LON INF) traded down GBX 7 ($0.09) during mid-day trading on Monday, hitting GBX 739 ($9.95). 1,518,857 shares of the stock traded hands, compared to its average volume of 2,040,000. Informa has a twelve month low of GBX 480 ($6.46) and a twelve month high of GBX 773 ($10.40).
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Informa 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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