Informa (LON:INF) Stock Price Expected to Rise, Citigroup Analyst Says

Informa (LON:INF) had its price objective hoisted by equities research analysts at Citigroup from GBX 990 to GBX 1,090 in a note issued to investors on Wednesday,Digital Look reports. The firm presently has a “buy” rating on the stock. Citigroup’s price objective suggests a potential upside of 21.06% from the company’s current price.

INF has been the subject of several other reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 1,140 price objective on shares of Informa in a research note on Friday, July 31st. JPMorgan Chase & Co. reduced their target price on shares of Informa from GBX 1,300 to GBX 1,285 and set an “overweight” rating on the stock in a research note on Thursday, July 2nd. Finally, Berenberg Bank upped their target price on shares of Informa from GBX 965 to GBX 1,040 and gave the stock a “buy” rating in a report on Friday, July 31st. Six analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of GBX 1,135.

Informa Trading Down 0.2%

INF stock opened at GBX 900.40 on Wednesday. Informa has a 1-year low of GBX 719 and a 1-year high of GBX 1,000. The company has a current ratio of 0.55, a quick ratio of 1.70 and a debt-to-equity ratio of 64.99. The business’s 50 day moving average is GBX 876.73 and its 200-day moving average is GBX 833.07. The firm has a market cap of £11.25 billion, a P/E ratio of 52.65, a P/E/G ratio of 0.75 and a beta of 0.68.

Informa (LON:INF) last posted its earnings results on Thursday, July 30th. The company reported GBX 26.70 EPS for the quarter. Informa had a return on equity of 3.90% and a net margin of 5.43%. Equities analysts anticipate that Informa will post 59.3240265 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Informa news, insider Stephen A. Carter bought 222 shares of Informa stock in a transaction dated Wednesday, May 20th. The shares were acquired at an average cost of GBX 809 per share, with a total value of £1,795.98. Also, insider Gareth Wright purchased 222 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were acquired at an average price of GBX 809 per share, for a total transaction of £1,795.98. Insiders own 0.24% of the company’s stock.

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.