Informa plc (LON:INF – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 833.21 and traded as high as GBX 895.60. Informa shares last traded at GBX 894.80, with a volume of 590,334,438 shares.
Analysts Set New Price Targets
A number of equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. reduced their price target on shares of Informa from GBX 1,300 to GBX 1,285 and set an “overweight” rating on the stock in a research report on Thursday, July 2nd. Berenberg Bank raised their target price on shares of Informa from GBX 965 to GBX 1,040 and gave the company a “buy” rating in a research report on Friday, July 31st. Citigroup lifted their price target on shares of 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 reissued a “buy” rating and set a GBX 1,140 price target on shares of Informa in a research report on Friday, July 31st. Six investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of GBX 1,135.
Check Out Our Latest Stock Report on Informa
Informa Trading Up 1.1%
Informa (LON:INF – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported GBX 26.70 earnings per share (EPS) for the quarter. Informa had a return on equity of 3.90% and a net margin of 5.43%. Equities analysts forecast that Informa plc will post 59.3240265 EPS for the current fiscal year.
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.
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