Informa (LON:INF) Given New GBX 1,010 Price Target at Berenberg Bank

Informa (LON:INF) had its price target lifted by analysts at Berenberg Bank from GBX 975 ($12.37) to GBX 1,010 ($12.81) in a note issued to investors on Friday, Digital Look reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price objective indicates a potential upside of 17.83% from the company’s current price.

A number of other equities analysts have also commented on INF. Numis Securities reaffirmed a “buy” rating and set a GBX 922 ($11.70) target price on shares of Informa in a research report on Friday, March 8th. Shore Capital reaffirmed a “buy” rating on shares of Informa in a research report on Thursday, April 4th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, Informa currently has a consensus rating of “Moderate Buy” and an average target price of GBX 871.17 ($11.05).

Informa Stock Performance

Shares of LON:INF opened at GBX 857.20 ($10.87) on Friday. The firm has a market cap of £11.57 billion, a PE ratio of 2,857.33, a price-to-earnings-growth ratio of 0.75 and a beta of 1.10. The firm’s 50 day simple moving average is GBX 837.54 and its 200-day simple moving average is GBX 809.64. Informa has a one year low of GBX 684 ($8.68) and a one year high of GBX 880.62 ($11.17). The company has a debt-to-equity ratio of 25.84, a quick ratio of 1.70 and a current ratio of 0.59.

Insider Transactions at Informa

In related news, insider Gareth Wright sold 57,872 shares of the business’s stock in a transaction on Tuesday, April 2nd. The shares were sold at an average price of GBX 820 ($10.40), for a total transaction of £474,550.40 ($601,992.13). Insiders own 0.38% of the company’s stock.

About Informa

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.