Shares of Informa plc (LON:INF – Get Free Report) have earned an average recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 875.40 ($11.54).
A number of research firms have recently issued reports on INF. Citigroup reissued a “buy” rating on shares of Informa in a research note on Thursday, July 4th. Berenberg Bank upped their target price on shares of Informa from GBX 975 ($12.86) to GBX 1,010 ($13.32) and gave the stock a “buy” rating in a research note on Friday, June 28th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Informa in a research note on Wednesday, July 24th.
View Our Latest Analysis on Informa
Informa Price Performance
Informa Cuts Dividend
The firm also recently announced a dividend, which will be paid on Friday, September 20th. Investors of record on Thursday, August 8th will be paid a dividend of GBX 6.40 ($0.08) per share. This represents a yield of 0.76%. The ex-dividend date of this dividend is Thursday, August 8th. Informa’s payout ratio is currently 8,260.87%.
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.
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