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

Informa (LON:INF)‘s stock had its “buy” rating reaffirmed by stock analysts at Berenberg Bank in a research note issued on Thursday, Marketbeat.com reports. They currently have a GBX 1,040 price target on the stock. Berenberg Bank’s price objective indicates a potential upside of 19.29% from the company’s current price.

Several other equities analysts have also commented on INF. Citigroup upped their price target on Informa from GBX 990 to GBX 1,090 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 1,140 price objective on shares of Informa in a research report on Friday, July 31st. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Informa from GBX 1,300 to GBX 1,285 and set an “overweight” rating on the stock in a report on Thursday, July 2nd. Six research analysts have rated the stock with a Buy rating. According to MarketBeat, Informa currently has a consensus rating of “Buy” and an average target price of GBX 1,160.

Informa Trading Down 1.1%

Informa stock traded down GBX 9.60 during midday trading on Thursday, hitting GBX 871.80. 3,418,846 shares of the stock were exchanged, compared to its average volume of 30,142,096. The company has a current ratio of 0.55, a quick ratio of 1.70 and a debt-to-equity ratio of 64.99. The stock has a market capitalization of £10.89 billion, a price-to-earnings ratio of 50.98, a PEG ratio of 0.75 and a beta of 0.71. The stock’s 50-day simple moving average is GBX 892.37 and its 200 day simple moving average is GBX 855.42. Informa has a fifty-two week low of GBX 719 and a fifty-two week high of GBX 1,000.

Informa (LON:INF) last released its quarterly earnings results on Thursday, July 30th. The company reported GBX 26.70 EPS for the quarter. Informa had a net margin of 5.43% and a return on equity of 3.90%. On average, equities analysts anticipate that Informa will post 59.32 EPS for the current year.

About Informa

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.