Informa (LON:INF) Shares Cross Above Two Hundred Day Moving Average of $832.60

Informa plc (LON:INF)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 832.60 ($11.14) and traded as high as GBX 837.60 ($11.20). Informa shares last traded at GBX 820.20 ($10.97), with a volume of 2,262,319 shares.

Analyst Ratings Changes

INF has been the topic of several recent analyst reports. Citigroup reaffirmed a “buy” rating on shares of Informa in a research report on Thursday, July 4th. Berenberg Bank boosted their price objective on Informa from GBX 975 ($13.04) to GBX 1,010 ($13.51) and gave the stock a “buy” rating in a research note on Friday, June 28th. Finally, Shore Capital restated a “buy” rating on shares of Informa in a research report on Wednesday, July 24th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 900.50 ($12.05).

Informa Stock Up 0.3 %

The firm has a market cap of £10.94 billion, a P/E ratio of 3,566.09, a P/E/G ratio of 0.75 and a beta of 1.12. The business has a fifty day moving average of GBX 835.16 and a 200 day moving average of GBX 832.60. The company has a quick ratio of 1.70, a current ratio of 0.56 and a debt-to-equity ratio of 29.87.

Informa Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, September 20th. Shareholders of record on Thursday, August 8th were issued a dividend of GBX 6.40 ($0.09) per share. The ex-dividend date was Thursday, August 8th. This represents a yield of 0.76%. 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.