Informa (LON:INF) Given Buy Rating at Citigroup

Citigroup reaffirmed their buy rating on shares of Informa (LON:INF) in a research report sent to investors on Thursday, MarketBeat Ratings reports.

A number of other brokerages have also issued reports on INF. Shore Capital reissued a buy rating on shares of Informa in a report on Thursday, April 4th. Numis Securities reissued a buy rating and issued a GBX 922 ($11.66) price target on shares of Informa in a report on Friday, March 8th. Finally, Berenberg Bank raised their price target on shares of Informa from GBX 975 ($12.33) to GBX 1,010 ($12.78) and gave the stock a buy rating in a report on Friday, June 28th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, Informa presently has a consensus rating of Moderate Buy and a consensus target price of GBX 875.40 ($11.07).

Informa Price Performance

Shares of LON:INF opened at GBX 860.60 ($10.89) on Thursday. The stock has a market cap of £11.62 billion, a PE ratio of 2,846.67, a PEG ratio of 0.75 and a beta of 1.10. Informa has a 52 week low of GBX 684 ($8.65) and a 52 week high of GBX 880.62 ($11.14). 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 company’s fifty day moving average is GBX 841.05 and its 200 day moving average is GBX 811.08.

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.