Peel Hunt cut shares of Informa (LON:INF) to a hold rating in a report issued on Wednesday, January 17th. The firm currently has GBX 780 ($10.78) price objective on the stock, up from their previous price objective of GBX 740 ($10.22).
INF has been the subject of a number of other reports. Goldman Sachs Group reissued a conviction-buy rating and set a GBX 863 ($11.92) price target on shares of Informa in a research note on Friday, November 24th. Kepler Capital Markets reissued a hold rating and set a GBX 700 ($9.67) price target on shares of Informa in a research note on Monday, November 20th. Liberum Capital reissued a hold rating and set a GBX 675 ($9.33) price target on shares of Informa in a research note on Thursday, November 9th. Berenberg Bank raised their price objective on Informa from GBX 800 ($11.05) to GBX 810 ($11.19) and gave the company a buy rating in a research note on Friday, November 10th. Finally, Shore Capital reaffirmed a hold rating on shares of Informa in a research note on Thursday, November 9th. Seven analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. Informa currently has an average rating of Buy and a consensus price target of GBX 810.57 ($11.20).
Informa (LON INF) traded up GBX 9 ($0.12) during trading hours on Wednesday, hitting GBX 668.60 ($9.24). The company had a trading volume of 3,590,000 shares, compared to its average volume of 4,350,000. Informa has a 12-month low of GBX 480 ($6.63) and a 12-month high of GBX 773 ($10.68).
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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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