Citigroup Begins Coverage on Informa (LON:INF)

Analysts at Citigroup started coverage on shares of Informa (LON:INF) in a research note issued to investors on Monday, Marketbeat Ratings reports. The brokerage set a “neutral” rating and a GBX 975 price target on the stock. Citigroup’s target price would indicate a potential upside of 9.95% from the company’s current price.

Other research analysts have also recently issued reports about the stock. Panmure Gordon restated a “buy” rating and issued a GBX 1,200 price target on shares of Informa in a report on Wednesday, November 19th. JPMorgan Chase & Co. lowered their price objective on shares of Informa from GBX 1,345 to GBX 1,330 and set an “overweight” rating for the company in a research report on Monday. UBS Group restated a “buy” rating and issued a GBX 1,055 target price on shares of Informa in a research note on Friday, November 7th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Informa from GBX 1,000 to GBX 1,140 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,105.

Informa Trading Down 1.6%

Informa stock traded down GBX 14.20 during mid-day trading on Monday, hitting GBX 886.80. The company’s stock had a trading volume of 2,321,778 shares, compared to its average volume of 3,303,222. The company has a debt-to-equity ratio of 31.98, a quick ratio of 1.70 and a current ratio of 0.56. The company has a 50 day moving average of GBX 918.36 and a 200-day moving average of GBX 897.21. Informa has a one year low of GBX 634.20 and a one year high of GBX 1,000. The stock has a market cap of £11.34 billion, a PE ratio of 161.24, a P/E/G ratio of 0.75 and a beta of 1.12.

Informa Company Profile

Our events, digital products and academic research services connect specialists with knowledge, helping them learn more, know more and do more.

We do this in dozens of specialist markets and subject matter categories, including in Healthcare & Pharma, Technology, Finance, Education, Marketing, Health & Nutrition, Foodservice, and many more.

And we do this through a range of products and services, including major live events, specialist media and content, expert research articles, books and open research platforms, accredited training, buyer discovery services, and digital demand and lead-generation services.