Informa (LON:INF) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

Informa plc (LON:INF)’s share price passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 848.28 and traded as high as GBX 872.40. Informa shares last traded at GBX 865.80, with a volume of 7,052,757 shares trading hands.

Analyst Ratings Changes

A number of equities research analysts have weighed in on INF shares. Berenberg Bank restated a “buy” rating and issued a GBX 1,040 target price on shares of Informa in a research report on Thursday, October 8th. Citigroup increased their price target on Informa from GBX 990 to GBX 1,090 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on Informa from GBX 1,140 to GBX 1,290 and gave the company a “buy” rating in a research report on Friday, October 9th. Six analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 1,160.

Informa Price Performance

The firm has a market capitalization of £10.90 billion, a P/E ratio of 51.04, a P/E/G ratio of 0.75 and a beta of 0.71. The business’s fifty day moving average is GBX 875.63 and its 200 day moving average is GBX 848.28. The company has a current ratio of 0.55, a quick ratio of 1.70 and a debt-to-equity ratio of 64.99.

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.