Berenberg Bank Reaffirms Buy Rating for Informa (LON:INF)

Informa (LON:INF – Get Free Report)‘s stock had its “buy” rating reiterated by equities research analysts at Berenberg Bank in a research report issued to clients and investors on Thursday, Marketbeat.com reports. They presently have a GBX 1,040 price objective on the stock. Berenberg Bank’s target price points to a potential upside of 16.12% from the company’s current price.

A number of other analysts have also recently commented on the stock. Citigroup boosted their target price on shares of Informa from GBX 990 to GBX 1,090 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 1,140 price objective on shares of Informa in a report on Friday, July 31st. Finally, JPMorgan Chase & Co. cut their price objective on Informa from GBX 1,300 to GBX 1,285 and set an “overweight” rating for the company in a research note on Thursday, July 2nd. Six analysts have rated the stock with a Buy rating. According to MarketBeat.com, Informa has an average rating of “Buy” and a consensus target price of GBX 1,160.

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Informa Price Performance

Shares of LON:INF traded up GBX 4.60 during midday trading on Thursday, reaching GBX 895.60. 17,613,592 shares of the company’s stock traded hands, compared to its average volume of 30,545,506. The company has a fifty day simple moving average of GBX 893.22 and a two-hundred day simple moving average of GBX 853.04. Informa has a 1 year low of GBX 719 and a 1 year high of GBX 1,000. The company has a market cap of £11.19 billion, a P/E ratio of 52.37, a PEG ratio of 0.75 and a beta of 0.71. The company has a debt-to-equity ratio of 64.99, a quick ratio of 1.70 and a current ratio of 0.55.

Informa (LON:INF – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The company reported GBX 26.70 earnings per share for the quarter. Informa had a net margin of 5.43% and a return on equity of 3.90%. Equities analysts predict that Informa will post 59.32 EPS for the current fiscal year.

Informa Company Profile

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Analyst Recommendations for Informa (LON:INF)

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