Informa Plc (LON:INF) had its price objective lowered by research analysts at Liberum Capital from GBX 715 ($8.99) to GBX 675 ($8.48) in a research note issued to investors on Tuesday. The firm presently has a “hold” rating on the stock. Liberum Capital’s price objective suggests a potential upside of 3.53% from the company’s current price.
A number of other equities analysts also recently issued reports on INF. BNP Paribas reissued an “outperform” rating and set a GBX 770 ($9.68) target price on shares of Informa Plc in a research note on Wednesday, November 30th. Credit Suisse Group AG reissued a “neutral” rating and set a GBX 700 ($8.80) target price on shares of Informa Plc in a research note on Friday, December 9th. Shore Capital reissued a “hold” rating on shares of Informa Plc in a research note on Monday, December 12th. Peel Hunt reissued an “add” rating and set a GBX 750 ($9.43) target price on shares of Informa Plc in a research note on Tuesday, December 20th. Finally, Investec reissued a “buy” rating and set a GBX 722 ($9.07) target price on shares of Informa Plc in a research note on Thursday, January 5th. Seven investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Informa Plc currently has a consensus rating of “Buy” and a consensus target price of GBX 767.20 ($9.64).
Informa Plc (LON:INF) traded up 0.62% during trading on Tuesday, reaching GBX 652.00. The company’s stock had a trading volume of 2,798,646 shares. Informa Plc has a 52 week low of GBX 480.00 and a 52 week high of GBX 704.50. The company has a 50 day moving average price of GBX 655.47 and a 200-day moving average price of GBX 662.20. The company’s market capitalization is GBX 5.37 billion.
The business also recently declared a dividend, which will be paid on Friday, June 2nd. Shareholders of record on Thursday, April 27th will be given a dividend of GBX 13.04 ($0.16) per share. This is an increase from Informa Plc’s previous dividend of $6.80. The ex-dividend date of this dividend is Thursday, April 27th. This represents a yield of 1.93%.
Informa Plc Company Profile
Informa plc provides academics, businesses and individuals with knowledge, information and skills and services. It operates in three segments: academic information, which includes the Taylor & Francis publishing business, provides a portfolio of online and print publications, primarily for academic users across the spectrum of science, technology, humanities and social sciences; professional and commercial information, which include Datamonitor, Informa Business Information and Informa Financial Information provides information, across a range of formats and on a global basis, to a variety of sectors, including medical, pharmaceutical, maritime and telecoms, and events and training consists of trade shows and exhibitions, large and small conferences and training courses.