Euromoney Institutional Investor PLC (LON:ERM) shares reached a new 52-week high on Thursday . The company traded as high as GBX 1,310 ($17.52) and last traded at GBX 1,278 ($17.09), with a volume of 21107 shares trading hands. The stock had previously closed at GBX 1,268 ($16.95).
A number of research analysts recently commented on the company. Peel Hunt reissued a “buy” rating and issued a GBX 1,330 ($17.78) price target on shares of Euromoney Institutional Investor in a report on Monday, October 30th. Numis Securities reissued a “buy” rating and issued a GBX 1,450 ($19.39) price target on shares of Euromoney Institutional Investor in a report on Monday, October 23rd. Canaccord Genuity lowered their price target on Euromoney Institutional Investor from GBX 1,250 ($16.71) to GBX 1,200 ($16.04) and set a “hold” rating on the stock in a report on Thursday, November 23rd. Finally, Citigroup reissued a “neutral” rating on shares of Euromoney Institutional Investor in a report on Tuesday, November 21st. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of GBX 1,287 ($17.21).
The stock has a market capitalization of $1,390.00 and a price-to-earnings ratio of 3,818.18.
The company also recently declared a dividend, which will be paid on Thursday, February 15th. Stockholders of record on Thursday, November 30th will be given a dividend of GBX 21.80 ($0.29) per share. This is an increase from Euromoney Institutional Investor’s previous dividend of $8.80. The ex-dividend date of this dividend is Thursday, November 30th. This represents a dividend yield of 1.89%.
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Euromoney Institutional Investor Company Profile
Euromoney Institutional Investor PLC is an investment holding company. The Company is a business-to-business media company, which is focused on the asset management, banking and commodities sectors. Its segments include Asset management; Pricing, data and market intelligence; Banking and finance, and Commodity events.
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