Informa (LON:INF) Share Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Informa plc (LON:INF) shares crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 848.28 and traded as high as GBX 872.40. Informa shares last traded at GBX 865.80, with a volume of 7,052,757 shares.

Analyst Ratings Changes

Several analysts have recently issued reports on INF shares. Berenberg Bank reiterated a “buy” rating and set a GBX 1,040 price target on shares of Informa in a research note on Thursday, October 8th. Citigroup boosted their target price on shares of Informa from GBX 990 to GBX 1,090 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Informa from GBX 1,140 to GBX 1,290 and gave the stock a “buy” rating in a research report on Friday, October 9th. Six investment analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 1,160.

Informa Stock Up 0.8%

The company has a market capitalization of £10.90 billion, a price-to-earnings ratio of 51.04, a P/E/G ratio of 0.75 and a beta of 0.71. The company has a quick ratio of 1.70, a current ratio of 0.55 and a debt-to-equity ratio of 64.99. The stock’s fifty day moving average price is GBX 875.63 and its 200-day moving average price is GBX 848.28.

Informa Company Profile

Our events, digital products and academic research services connect specialists with knowledge, helping them learn more, know more and do more.

We do this in dozens of specialist markets and subject matter categories, including in Healthcare & Pharma, Technology, Finance, Education, Marketing, Health & Nutrition, Foodservice, and many more.

And we do this through a range of products and services, including major live events, specialist media and content, expert research articles, books and open research platforms, accredited training, buyer discovery services, and digital demand and lead-generation services.