Informa plc (LON:INF) Receives Average Recommendation of “Moderate Buy” from Analysts

Informa plc (LON:INF) has received a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is GBX 900.50 ($11.90).

Several analysts have recently issued reports on the company. Citigroup reissued a “buy” rating on shares of Informa in a report on Thursday, July 4th. Shore Capital reaffirmed a “buy” rating on shares of Informa in a research note on Wednesday, July 24th. Finally, Berenberg Bank upped their price objective on Informa from GBX 975 ($12.88) to GBX 1,010 ($13.34) and gave the company a “buy” rating in a research note on Friday, June 28th.

Informa Stock Up 0.0 %

LON INF opened at GBX 836 ($11.04) on Monday. The company has a current ratio of 0.56, a quick ratio of 1.70 and a debt-to-equity ratio of 29.87. The company has a market cap of £11.12 billion, a price-to-earnings ratio of 3,626.09, a PEG ratio of 0.75 and a beta of 1.12. The company has a 50 day moving average of GBX 837.34 and a 200-day moving average of GBX 832.18. Informa has a 1-year low of GBX 684 ($9.04) and a 1-year high of GBX 886 ($11.70).

Informa Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, September 20th. Investors of record on Thursday, August 8th were 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 was Thursday, August 8th. Informa’s dividend payout ratio is presently 8,260.87%.

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.