Informa (LON:INF) was downgraded by equities research analysts at Peel Hunt to a “hold” rating in a research note issued on Wednesday. They presently have a GBX 780 ($10.58) price target on the stock, up from their prior price target of GBX 740 ($10.04). Peel Hunt’s target price points to a potential upside of 13.21% from the stock’s previous close.
Other analysts have also issued research reports about the company. Deutsche Bank reaffirmed a “buy” rating on shares of Informa in a research note on Wednesday. Liberum Capital reaffirmed a “buy” rating and issued a GBX 855 ($11.59) price target on shares of Informa in a research note on Monday. Kepler Capital Markets reaffirmed a “hold” rating and issued a GBX 700 ($9.49) price target on shares of Informa in a research note on Monday, November 20th. JPMorgan Chase & Co. raised their price target on Informa from GBX 790 ($10.71) to GBX 808 ($10.96) and gave the stock a “neutral” rating in a research note on Wednesday, January 10th. Finally, Shore Capital reaffirmed a “hold” rating on shares of Informa in a research note on Thursday, November 9th. Five equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of GBX 816.91 ($11.08).
Shares of Informa (INF) opened at GBX 689 ($9.34) on Wednesday. Informa has a 52 week low of GBX 480 ($6.51) and a 52 week high of GBX 773 ($10.48).
In other news, insider Stephen A. Carter acquired 256 shares of the stock in a transaction on Wednesday, November 8th. The stock was acquired at an average price of GBX 705 ($9.56) per share, with a total value of £1,804.80 ($2,447.52).
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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