Informa’s (INF) “Buy” Rating Reiterated at Berenberg Bank

Informa (LON:INF)‘s stock had its “buy” rating restated by research analysts at Berenberg Bank in a note issued to investors on Thursday, October 8th, Marketbeat.com reports. They presently have a GBX 1,040 target price on the stock. Berenberg Bank’s price objective points to a potential upside of 17.86% from the company’s current price.

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

Informa Stock Performance

LON:INF traded up GBX 10.60 during trading hours on Thursday, hitting GBX 882.40. 4,632,403 shares of the company were exchanged, compared to its average volume of 30,014,498. The company has a debt-to-equity ratio of 64.99, a current ratio of 0.55 and a quick ratio of 1.70. Informa has a 52-week low of GBX 719 and a 52-week high of GBX 1,000. The stock has a market capitalization of £11.02 billion, a price-to-earnings ratio of 51.60, a PEG ratio of 0.75 and a beta of 0.71. The company’s 50 day moving average price is GBX 891.58 and its 200-day moving average price is GBX 856.18.

Informa (LON:INF) last posted its quarterly earnings results on Thursday, July 30th. The company reported GBX 26.70 earnings per share (EPS) for the quarter. Informa had a net margin of 5.43% and a return on equity of 3.90%. As a group, research analysts forecast that Informa will post 59.32 earnings per share 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.