Informa plc (LON:INF – Get Free Report)’s share price reached a new 52-week high on Friday . The company traded as high as GBX 874.16 ($11.11) and last traded at GBX 861 ($10.94), with a volume of 7245026 shares trading hands. The stock had previously closed at GBX 859.80 ($10.93).
Analyst Upgrades and Downgrades
Several brokerages have commented on INF. Berenberg Bank reissued a “buy” rating and set a GBX 975 ($12.39) price target on shares of Informa in a research report on Monday, March 11th. Numis Securities reaffirmed a “buy” rating and set a GBX 922 ($11.72) price target on shares of Informa in a research report on Friday, March 8th. Finally, Shore Capital reissued a “buy” rating on shares of Informa in a report on Thursday, April 4th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of GBX 865.33 ($11.00).
Check Out Our Latest Report on INF
Informa Stock Performance
Insider Activity at Informa
In other Informa news, insider Gareth Wright sold 57,872 shares of the firm’s stock in a transaction that occurred on Tuesday, April 2nd. The shares were sold at an average price of GBX 820 ($10.42), for a total transaction of £474,550.40 ($602,986.53). 0.38% of the stock is owned by company insiders.
Informa Company Profile
Informa plc operates as an international events, digital services, and academic knowledge company in the United Kingdom, Continental Europe, North America, China, and internationally. It operates through four segments: Informa Markets, Informa Tech, Informa Connect, and Taylor & Francis. The Informa Connect segment delivers specialist content, and live events and on-demand experiences for professionals through in-person, live, and digital platforms and services that enables businesses and professionals to meet, network, discuss, and learn.
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