Peel Hunt Reiterates Add Rating for Informa (INF)
Informa (LON:INF)‘s stock had its “add” rating reaffirmed by stock analysts at Peel Hunt in a research note issued on Wednesday.
Other analysts have also recently issued reports about the company. Barclays raised their target price on Informa from GBX 785 ($10.26) to GBX 850 ($11.11) and gave the company an “overweight” rating in a research report on Friday, March 8th. Shore Capital restated a “buy” rating on shares of Informa in a research report on Thursday, March 7th. Liberum Capital restated a “buy” rating on shares of Informa in a research report on Thursday, March 7th. Deutsche Bank restated a “buy” rating and issued a GBX 930 ($12.15) target price on shares of Informa in a research report on Monday, March 4th. Finally, UBS Group restated a “buy” rating and issued a GBX 885 ($11.56) target price (down from GBX 950 ($12.41)) on shares of Informa in a research report on Wednesday, February 27th. Four research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The stock has an average rating of “Buy” and an average price target of GBX 868.54 ($11.35).
Shares of Informa stock opened at GBX 731.60 ($9.56) on Wednesday. Informa has a twelve month low of GBX 624.50 ($8.16) and a twelve month 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.
Read More: What is Cost of Capital?
Receive News & Ratings for Informa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Informa and related companies with MarketBeat.com's FREE daily email newsletter.