Barclays reissued their overweight rating on shares of Informa (LON:INF) in a report published on Tuesday morning, Digital Look reports. The firm currently has a GBX 920 ($12.02) price target on the stock, down from their previous price target of GBX 925 ($12.09).
Several other research analysts have also recently commented on the stock. Deutsche Bank increased their target price on shares of Informa from GBX 930 ($12.15) to GBX 1,050 ($13.72) and gave the stock a buy rating in a report on Friday, July 26th. JPMorgan Chase & Co. increased their target price on shares of Informa from GBX 855 ($11.17) to GBX 869 ($11.36) and gave the stock a neutral rating in a report on Tuesday. Liberum Capital restated a buy rating on shares of Informa in a report on Monday, November 11th. Peel Hunt restated a hold rating on shares of Informa in a report on Monday, November 11th. Finally, Citigroup cut shares of Informa to a neutral rating in a report on Tuesday, July 30th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the company. The stock has a consensus rating of Buy and a consensus price target of GBX 887.44 ($11.60).
Shares of Informa stock traded up GBX 1 ($0.01) on Tuesday, hitting GBX 793 ($10.36). The company had a trading volume of 2,546,743 shares, compared to its average volume of 3,640,000. Informa has a twelve month low of GBX 602.80 ($7.88) and a twelve month high of GBX 900.80 ($11.77). The stock has a 50-day moving average of GBX 791.52 and a 200-day moving average of GBX 814.46. The firm has a market capitalization of $9.94 billion and a P/E ratio of 32.90. The company has a debt-to-equity ratio of 51.63, a current ratio of 0.59 and a quick ratio of 0.56.
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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