Peel Hunt Reaffirms “Add” Rating for Euromoney Institutional Investor (LON:ERM)

Peel Hunt restated their add rating on shares of Euromoney Institutional Investor (LON:ERM) in a research note published on Monday, ThisIsMoney.Co.Uk reports.

Several other equities research analysts also recently issued reports on ERM. Numis Securities restated a buy rating and set a GBX 1,800 ($23.52) price objective on shares of in a report on Monday, June 3rd. UBS Group set a $25.00 price objective on Macy’s and gave the stock a hold rating in a report on Friday, May 17th.

ERM stock opened at GBX 1,294 ($16.91) on Monday. Euromoney Institutional Investor has a 52-week low of GBX 1,118 ($14.61) and a 52-week high of GBX 1,458 ($19.05). The business’s 50 day simple moving average is GBX 1,305.76. The stock has a market cap of $1.42 billion and a P/E ratio of 10.97.

The company also recently declared a dividend, which was paid on Thursday, June 20th. Stockholders of record on Thursday, May 23rd were issued a GBX 10.80 ($0.14) dividend. The ex-dividend date of this dividend was Thursday, May 23rd. This represents a dividend yield of 0.77%. Euromoney Institutional Investor’s dividend payout ratio (DPR) is 0.28%.

In other news, insider Leslie Van de Walle purchased 3,500 shares of the stock in a transaction dated Friday, May 31st. The stock was acquired at an average cost of GBX 1,347 ($17.60) per share, for a total transaction of £47,145 ($61,603.29).

Euromoney Institutional Investor Company Profile

Euromoney Institutional Investor PLC, together with its subsidiaries, operates as a business-to-business information company in the United Kingdom, North America, and internationally. It operates through four segments: Asset Management; Pricing, Data and Market Intelligence; Banking and Finance; and Commodity Events.

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