Euromoney Institutional Investor (LON:ERM) had its price objective cut by Berenberg Bank from GBX 1,400 ($18.42) to GBX 1,200 ($15.79) in a report issued on Monday, Digital Look reports. They currently have a hold rating on the stock.
ERM has been the subject of several other reports. UBS Group reissued a neutral rating and issued a GBX 1,335 ($17.56) price target (down from GBX 1,375 ($18.09)) on shares of Euromoney Institutional Investor in a research note on Monday, November 25th. Peel Hunt raised shares of Euromoney Institutional Investor to a buy rating in a research note on Wednesday, December 11th.
Euromoney Institutional Investor stock opened at GBX 1,324 ($17.42) on Monday. The company has a market capitalization of $1.44 billion and a PE ratio of 23.39. The firm has a fifty day simple moving average of GBX 1,281.72 and a two-hundred day simple moving average of GBX 1,346.39. Euromoney Institutional Investor has a twelve month low of GBX 1,140 ($15.00) and a twelve month high of GBX 1,510 ($19.86).
The company also recently disclosed a dividend, which will be paid on Thursday, February 13th. Stockholders of record on Thursday, November 28th will be paid a dividend of GBX 22.30 ($0.29) per share. This represents a dividend yield of 1.82%. This is an increase from Euromoney Institutional Investor’s previous dividend of $10.80. The ex-dividend date is Thursday, November 28th. Euromoney Institutional Investor’s dividend payout ratio is 0.58%.
About Euromoney Institutional Investor
Euromoney Institutional Investor PLC, together with its subsidiaries, operates as a business-to-business information company in the United Kingdom, North America, and internationally. It operates through four segments: Asset Management; Pricing, Data and Market Intelligence; Banking and Finance; and Commodity Events.
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