Informa’s (INF) Buy Rating Reiterated at Shore Capital

Shore Capital reaffirmed their buy rating on shares of Informa (LON:INF) in a research note released on Monday.

Several other research firms also recently commented on INF. UBS Group reissued a buy rating on shares of Informa in a research report on Tuesday, July 24th. Liberum Capital reissued a buy rating on shares of Informa in a research report on Wednesday, July 25th. Citigroup increased their target price on shares of Informa from GBX 750 ($9.57) to GBX 880 ($11.23) and gave the stock a neutral rating in a research report on Monday, July 23rd. Peel Hunt reissued a hold rating on shares of Informa in a research report on Tuesday, July 3rd. Finally, Berenberg Bank increased their target price on shares of Informa from GBX 800 ($10.21) to GBX 900 ($11.48) and gave the stock a buy rating in a research report on Monday, June 18th. Five analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus price target of GBX 865.33 ($11.04).

Informa stock opened at GBX 774 ($9.87) on Monday. Informa has a one year low of GBX 624.50 ($7.97) and a one year high of GBX 773 ($9.86).

The firm also recently announced a dividend, which will be paid on Friday, September 14th. Shareholders of record on Thursday, August 9th will be given a dividend of GBX 7.05 ($0.09) per share. This represents a yield of 0.86%. The ex-dividend date of this dividend is Thursday, August 9th.

In other Informa news, insider Greg Lock bought 10,835 shares of the stock in a transaction on Friday, June 22nd. The shares were purchased at an average cost of GBX 818 ($10.44) per share, with a total value of £88,630.30 ($113,063.27).

Informa Company Profile

Informa plc engages in business intelligence, academic publishing, and knowledge and events businesses worldwide. The company operates through Academic Publishing, Business Intelligence, Global Exhibitions, and Knowledge & Networking segments. The Academic Publishing segment publishes academic books and journals in print and digital formats for university libraries and departments, specialist research institutions, and individuals in the areas of humanities and social sciences, science, technology, and medicine.

Read More: Investing in Dividend Stocks

Analyst Recommendations for Informa (LON:INF)

Receive News & Ratings for Informa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Informa and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply