Informa (LON:INF) Given New GBX 1,010 Price Target at Berenberg Bank

Informa (LON:INF) had its target price boosted by Berenberg Bank from GBX 975 ($12.37) to GBX 1,010 ($12.81) in a research report sent to investors on Friday morning, Digital Look reports. The brokerage currently has a buy rating on the stock.

Other analysts also recently issued reports about the stock. Numis Securities reissued a buy rating and issued a GBX 922 ($11.70) price objective on shares of Informa in a report on Friday, March 8th. Shore Capital reissued a buy rating on shares of Informa in a report on Thursday, April 4th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, Informa presently has an average rating of Moderate Buy and a consensus target price of GBX 871.17 ($11.05).

Informa Stock Up 0.2 %

LON INF opened at GBX 857.20 ($10.87) on Friday. The stock has a market cap of £11.57 billion, a PE ratio of 2,857.33, a P/E/G ratio of 0.75 and a beta of 1.10. The company has a quick ratio of 1.70, a current ratio of 0.59 and a debt-to-equity ratio of 25.84. The business has a 50 day moving average price of GBX 837.54 and a two-hundred day moving average price of GBX 809.64. Informa has a fifty-two week low of GBX 684 ($8.68) and a fifty-two week high of GBX 880.62 ($11.17).

Insider Buying and Selling at Informa

In other news, insider Gareth Wright sold 57,872 shares of the firm’s stock in a transaction dated Tuesday, April 2nd. The stock was sold at an average price of GBX 820 ($10.40), for a total value of £474,550.40 ($601,992.13). Corporate insiders own 0.38% of the company’s stock.

Informa Company Profile

Informa plc operates as an international events, digital services, and academic knowledge company in the United Kingdom, Continental Europe, North America, China, and internationally. It operates through four segments: Informa Markets, Informa Tech, Informa Connect, and Taylor & Francis. The Informa Connect segment delivers specialist content, and live events and on-demand experiences for professionals through in-person, live, and digital platforms and services that enables businesses and professionals to meet, network, discuss, and learn.