Informa Plc (LON:INF)‘s stock had its “buy” rating reaffirmed by research analysts at Deutsche Bank AG in a research report issued on Thursday, October 5th. They presently have a GBX 790 ($10.50) price target on the stock. Deutsche Bank AG’s price objective indicates a potential upside of 15.67% from the stock’s previous close.
A number of other research firms have also weighed in on INF. Peel Hunt restated a “buy” rating and set a GBX 740 ($9.83) target price on shares of Informa Plc in a research note on Tuesday, September 26th. Berenberg Bank restated a “buy” rating and set a GBX 800 ($10.63) target price on shares of Informa Plc in a research note on Wednesday, July 26th. Numis Securities Ltd restated an “add” rating and set a GBX 825 ($10.96) target price on shares of Informa Plc in a research note on Tuesday, July 25th. Liberum Capital restated a “hold” rating and set a GBX 675 ($8.97) target price on shares of Informa Plc in a research note on Tuesday, September 26th. Finally, Credit Suisse Group restated a “neutral” rating on shares of Informa Plc in a research note on Friday, July 21st. Five analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of GBX 769.64 ($10.23).
Shares of Informa Plc (LON INF) opened at 688.00 on Thursday. Informa Plc has a 12-month low of GBX 480.00 and a 12-month high of GBX 725.00. The company’s market capitalization is GBX 5.67 billion. The stock’s 50 day moving average is GBX 677.60 and its 200-day moving average is GBX 673.49.
COPYRIGHT VIOLATION NOTICE: This story was originally posted by BBNS and is owned by of BBNS. If you are accessing this story on another site, it was stolen and republished in violation of U.S. & international copyright legislation. The legal version of this story can be read at https://baseballnewssource.com/markets/informa-plc-inf-earns-buy-rating-from-deutsche-bank-ag/1697856.html.
In other news, insider Gareth Bullock purchased 125 shares of the business’s stock in a transaction dated Friday, September 15th. The stock was acquired at an average price of GBX 669 ($8.89) per share, with a total value of £836.25 ($1,111.15).
Informa Plc Company Profile
Informa PLC, together with its subsidiaries, operates in business intelligence, academic publishing, and knowledge and events businesses worldwide. It operates in five segments: Academic Publishing, Business Intelligence, Global Exhibitions, Knowledge & Networking, and Penton Information Services.
Receive News & Ratings for Informa Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Informa Plc and related companies with our FREE daily email newsletter.