Informa’s (INF) “Buy” Rating Reiterated at Shore Capital

Informa (LON:INF)‘s stock had its “buy” rating reiterated by equities researchers at Shore Capital in a report released on Wednesday, Marketbeat.com reports.

Several other research firms also recently weighed in on INF. Citigroup reiterated a “buy” rating on shares of Informa in a research note on Thursday, July 4th. Berenberg Bank boosted their price target on Informa from GBX 975 ($12.61) to GBX 1,010 ($13.06) and gave the stock a “buy” rating in a research report on Friday, June 28th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 875.40 ($11.32).

Informa Price Performance

Shares of Informa stock traded up GBX 18.36 ($0.24) on Wednesday, reaching GBX 865.36 ($11.19). 3,508,407 shares of the stock were exchanged, compared to its average volume of 4,556,119. The firm’s 50 day moving average is GBX 848.02 and its 200-day moving average is GBX 818.65. Informa has a one year low of GBX 684 ($8.85) and a one year high of GBX 883.40 ($11.43). The firm has a market cap of £11.68 billion, a PE ratio of 2,884.55, a P/E/G ratio of 0.75 and a beta of 1.10. The company has a debt-to-equity ratio of 25.84, a quick ratio of 1.70 and a current ratio of 0.59.

Informa Company Profile

Informa plc operates as an international events, digital services, and academic knowledge company in the United Kingdom, Continental Europe, North America, China, and internationally. It operates through four segments: Informa Markets, Informa Tech, Informa Connect, and Taylor & Francis. The Informa Connect segment delivers specialist content, and live events and on-demand experiences for professionals through in-person, live, and digital platforms and services that enables businesses and professionals to meet, network, discuss, and learn.