Informa (LON:INF)‘s stock had its “conviction-buy” rating reaffirmed by Goldman Sachs in a research report issued on Monday, March 26th. They currently have a GBX 846 ($12.11) price target on the stock. Goldman Sachs’ target price would suggest a potential upside of 15.32% from the company’s current price.
INF has been the topic of several other reports. Peel Hunt cut shares of Informa to a “hold” rating and lifted their price objective for the stock from GBX 740 ($10.60) to GBX 780 ($11.17) in a research report on Wednesday, January 17th. Liberum Capital reiterated a “buy” rating and set a GBX 855 ($12.24) price objective on shares of Informa in a research report on Monday, January 15th. Deutsche Bank reiterated a “buy” rating on shares of Informa in a research report on Wednesday, January 17th. Shore Capital reiterated a “hold” rating on shares of Informa in a research report on Wednesday, February 28th. Finally, Morgan Stanley reiterated an “overweight” rating and set a GBX 770 ($11.03) price objective on shares of Informa in a research report on Wednesday, March 14th. Six research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of GBX 809.57 ($11.59).
Informa stock traded up GBX 10.40 ($0.15) during mid-day trading on Monday, hitting GBX 733.60 ($10.50). The company’s stock had a trading volume of 3,296,761 shares, compared to its average volume of 3,640,000. Informa has a twelve month low of GBX 624.50 ($8.94) and a twelve month high of GBX 773 ($11.07).
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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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