Informa (INF) Receives Buy Rating from Deutsche Bank
Informa (LON:INF)‘s stock had its “buy” rating reissued by investment analysts at Deutsche Bank in a research note issued to investors on Monday. They presently have a GBX 955 ($12.48) price objective on the stock. Deutsche Bank’s target price suggests a potential upside of 31.83% from the company’s current price.
INF has been the subject of several other reports. UBS Group reaffirmed a “buy” rating on shares of Informa in a research report on Tuesday, July 24th. JPMorgan Chase & Co. upped their price objective on Informa from GBX 803 ($10.49) to GBX 812 ($10.61) and gave the stock a “neutral” rating in a research report on Friday, October 5th. Barclays lowered their price objective on Informa from GBX 940 ($12.28) to GBX 885 ($11.56) and set an “overweight” rating for the company in a research report on Friday, September 28th. Peel Hunt reaffirmed a “hold” rating on shares of Informa in a research report on Thursday, August 2nd. Finally, Shore Capital reaffirmed a “buy” rating on shares of Informa in a research report on Friday, July 20th. Four analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Informa presently has an average rating of “Buy” and an average price target of GBX 872.75 ($11.40).
LON:INF opened at GBX 724.40 ($9.47) on Monday. Informa has a 1 year low of GBX 624.50 ($8.16) and a 1 year high of GBX 773 ($10.10).
Informa plc engages in business intelligence, academic publishing, and knowledge and events businesses worldwide. The company operates through Academic Publishing, Business Intelligence, Global Exhibitions, and Knowledge & Networking segments. The Academic Publishing segment publishes academic books and journals in print and digital formats for university libraries and departments, specialist research institutions, and individuals in the areas of humanities and social sciences, science, technology, and medicine.
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