A number of other analysts have also recently weighed in on the stock. Peel Hunt restated a buy rating and set a GBX 740 ($9.73) target price on shares of Informa Plc in a report on Monday, September 4th. Deutsche Bank AG restated a buy rating and set a GBX 790 ($10.39) target price on shares of Informa Plc in a report on Thursday, October 5th. Shore Capital restated a hold rating on shares of Informa Plc in a report on Wednesday, July 19th. Berenberg Bank restated a buy rating and set a GBX 800 ($10.52) target price on shares of Informa Plc in a report on Thursday, July 20th. Finally, Goldman Sachs Group, Inc. (The) restated a conviction-buy rating and set a GBX 863 ($11.35) target price on shares of Informa Plc in a report on Wednesday, July 26th. Six equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. Informa Plc presently has an average rating of Buy and an average target price of GBX 779.23 ($10.25).
Shares of Informa Plc (LON INF) opened at GBX 741.50 ($9.75) on Friday. Informa Plc has a 1-year low of GBX 480 ($6.31) and a 1-year high of GBX 736 ($9.68).
In related news, insider Gareth Bullock bought 125 shares of the business’s stock in a transaction on Friday, September 15th. The stock was bought at an average price of GBX 669 ($8.80) per share, for a total transaction of £836.25 ($1,099.89). Also, insider Stephen A. Carter bought 256 shares of the business’s stock in a transaction on Wednesday, November 8th. The stock was bought at an average price of GBX 705 ($9.27) per share, with a total value of £1,804.80 ($2,373.80). In the last quarter, insiders acquired 405 shares of company stock valued at $280,161.
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.
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