Informa (INF) Downgraded to “Equal Weight” at Morgan Stanley

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Morgan Stanley downgraded shares of Informa (LON:INF) to an equal weight rating in a research note published on Thursday. They currently have GBX 850 ($10.84) price objective on the stock.

Several other research firms have also recently commented on INF. Barclays reaffirmed an overweight rating on shares of Informa in a research report on Friday, July 6th. Berenberg Bank reaffirmed a buy rating and issued a GBX 900 ($11.48) price objective on shares of Informa in a research report on Wednesday, August 1st. Deutsche Bank reaffirmed a buy rating on shares of Informa in a research report on Tuesday, May 29th. Peel Hunt reaffirmed a hold rating on shares of Informa in a research report on Wednesday, July 25th. Finally, Liberum Capital reaffirmed a buy rating on shares of Informa in a research report on Wednesday, July 25th. Five analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of Buy and a consensus price target of GBX 865.33 ($11.04).

INF opened at GBX 778.60 ($9.93) on Thursday. Informa has a 12 month low of GBX 624.50 ($7.97) and a 12 month high of GBX 773 ($9.86).

The firm also recently declared a dividend, which will be paid on Friday, September 14th. Shareholders of record on Thursday, August 9th will be given a dividend of GBX 7.05 ($0.09) per share. The ex-dividend date is Thursday, August 9th. This represents a yield of 0.86%.

In other Informa news, insider Greg Lock purchased 10,835 shares of the business’s stock in a transaction on Friday, June 22nd. The shares were purchased at an average cost of GBX 818 ($10.44) per share, with a total value of £88,630.30 ($113,063.27).

About Informa

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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Analyst Recommendations for Informa (LON:INF)

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