Informa (LON:INF) Stock Rating Reaffirmed by Berenberg Bank

Informa (LON:INF)‘s stock had its “buy” rating reaffirmed by investment analysts at Berenberg Bank in a report released on Wednesday, Analyst Price Targets reports. They currently have a GBX 640 ($8.36) target price on the stock. Berenberg Bank’s target price indicates a potential upside of 25.00% from the stock’s current price.

Other analysts also recently issued research reports about the stock. Barclays decreased their price objective on shares of Informa from GBX 685 ($8.95) to GBX 640 ($8.36) and set an “overweight” rating on the stock in a report on Thursday, November 18th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Informa in a report on Tuesday, October 19th. Morgan Stanley reissued an “overweight” rating on shares of Informa in a report on Monday, November 15th. JPMorgan Chase & Co. boosted their price objective on shares of Informa from GBX 496 ($6.48) to GBX 560 ($7.32) and gave the stock a “neutral” rating in a report on Tuesday, October 19th. Finally, Shore Capital reissued a “hold” rating on shares of Informa in a report on Wednesday, November 17th. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, Informa currently has a consensus rating of “Buy” and a consensus price target of GBX 616 ($8.05).

INF stock opened at GBX 512 ($6.69) on Wednesday. The company has a market cap of £7.70 billion and a P/E ratio of -20.65. Informa has a 52 week low of GBX 462.20 ($6.04) and a 52 week high of GBX 603.60 ($7.89). The company’s 50-day moving average price is GBX 539.28 and its 200 day moving average price is GBX 533.02. The company has a current ratio of 0.64, a quick ratio of 0.59 and a debt-to-equity ratio of 40.44.

About Informa

Informa plc operates as a business-to-business exhibitions and events, learning, and information services company worldwide. It operates through five divisions: Informa Connect, Informa Intelligence, Informa Markets, Informa Tech, and Taylor & Francis. The Informa Connect division provides content-driven events and digital platforms that allow professionals to meet, connect, learn, and share knowledge.

Further Reading: How Do Front-End Loads Impact an Investment?

Analyst Recommendations for Informa (LON:INF)

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.