Goldman Sachs Group Boosts Informa (LON:INF) Price Target to GBX 769

Informa (LON:INF) had its target price hoisted by Goldman Sachs Group from GBX 690 ($9.08) to GBX 769 ($10.12) in a report issued on Monday morning, Stock Target Advisor reports. Goldman Sachs Group currently has a sell rating on the stock.

A number of other equities research analysts have also recently weighed in on INF. Berenberg Bank dropped their price target on Informa from GBX 890 ($11.71) to GBX 845 ($11.12) and set a hold rating for the company in a report on Wednesday, October 23rd. Peel Hunt reaffirmed a hold rating on shares of Informa in a report on Monday. Morgan Stanley reaffirmed an overweight rating and set a GBX 900 ($11.84) price target on shares of Informa in a report on Monday, January 13th. Barclays reaffirmed an overweight rating on shares of Informa in a report on Wednesday, November 27th. Finally, UBS Group reissued a buy rating and issued a GBX 905 ($11.90) target price on shares of Informa in a research note on Tuesday, November 12th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have given a buy rating to the company’s stock. Informa has an average rating of Buy and an average target price of GBX 904.70 ($11.90).

INF stock opened at GBX 826.40 ($10.87) on Monday. The business has a fifty day moving average price of GBX 834.61 and a 200 day moving average price of GBX 825.54. Informa has a fifty-two week low of GBX 657 ($8.64) and a fifty-two week high of GBX 900.80 ($11.85). The stock has a market capitalization of $10.41 billion and a price-to-earnings ratio of 34.29. The company has a debt-to-equity ratio of 51.63, a current ratio of 0.59 and a quick ratio of 0.56.

In other news, insider Stephen A. Carter sold 462,032 shares of Informa stock in a transaction on Monday, December 16th. The stock was sold at an average price of GBX 822 ($10.81), for a total value of £3,797,903.04 ($4,995,926.12).

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.

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