Informa plc (LON:INF – Get Free Report) shares crossed 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.
Analysts Set New Price Targets
A number of brokerages recently issued reports on INF. Deutsche Bank Aktiengesellschaft raised their price target on Informa from GBX 1,140 to GBX 1,290 and gave the stock a “buy” rating in a research report on Friday, October 9th. Berenberg Bank reiterated a “buy” rating and set a GBX 1,040 price objective on shares of Informa in a research note on Thursday, October 8th. Finally, 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. Six analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of GBX 1,160.
View Our Latest Stock Analysis on INF
Informa Stock Performance
The company has a debt-to-equity ratio of 64.99, a quick ratio of 1.70 and a current ratio of 0.55. The firm’s 50 day moving average price is GBX 874.18 and its 200-day moving average price is GBX 847.87. The firm has a market capitalization of £10.45 billion, a PE ratio of 48.94, a price-to-earnings-growth ratio of 0.75 and a beta of 0.71.
About Informa
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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