Informa’s (INF) Hold Rating Reaffirmed at Peel Hunt
Peel Hunt reissued their hold rating on shares of Informa (LON:INF) in a research report report published on Thursday, ThisIsMoney.Co.Uk reports.
Other analysts have also recently issued reports about the stock. JPMorgan Chase & Co. upped their target price on shares of Informa from GBX 869 ($11.43) to GBX 873 ($11.48) and gave the company a neutral rating in a report on Thursday, January 16th. Credit Suisse Group reaffirmed an outperform rating on shares of Informa in a report on Tuesday, November 5th. Goldman Sachs Group upped their target price on shares of Informa from GBX 690 ($9.08) to GBX 769 ($10.12) and gave the company a sell rating in a report on Monday, January 20th. Berenberg Bank reduced their target price on shares of Informa from GBX 890 ($11.71) to GBX 845 ($11.12) and set a hold rating for the company in a report on Wednesday, October 23rd. Finally, HSBC reduced their target price on shares of Informa from GBX 970 ($12.76) to GBX 950 ($12.50) and set a buy rating for the company in a report on Monday, January 13th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and ten have assigned a buy rating to the company. Informa currently has a consensus rating of Buy and an average price target of GBX 908 ($11.94).
INF stock traded up GBX 20 ($0.26) during midday trading on Thursday, reaching GBX 778.20 ($10.24). 2,851,842 shares of the company’s stock traded hands, compared to its average volume of 3,640,000. Informa has a 52-week low of GBX 689.40 ($9.07) and a 52-week high of GBX 900.80 ($11.85). The stock has a market cap of $9.71 billion and a P/E ratio of 32.29. The company has a current ratio of 0.59, a quick ratio of 0.56 and a debt-to-equity ratio of 51.63. The stock’s 50-day moving average is GBX 825.44 and its 200 day moving average is GBX 819.75.
Informa Company Profile
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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