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

Informa (LON:INF) had its price target increased by 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 currently has a “buy” rating on the stock. Berenberg Bank’s price target suggests a potential upside of 17.83% from the stock’s current price.

A number of other research analysts also recently weighed in on INF. Shore Capital restated a “buy” rating on shares of Informa in a research note on Thursday, April 4th. Numis Securities restated a “buy” rating and issued a GBX 922 ($11.70) price target on shares of Informa in a research note on Friday, March 8th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 871.17 ($11.05).

Informa Stock Up 0.2 %

INF stock opened at GBX 857.20 ($10.87) on Friday. The company has a quick ratio of 1.70, a current ratio of 0.59 and a debt-to-equity ratio of 25.84. The business has a 50 day moving average price of GBX 837.54 and a two-hundred day moving average price of GBX 809.64. The company has a market cap of £11.57 billion, a price-to-earnings ratio of 2,857.33, a P/E/G ratio of 0.75 and a beta of 1.10. Informa has a twelve month low of GBX 684 ($8.68) and a twelve month high of GBX 880.62 ($11.17).

Insider Activity

In related news, insider Gareth Wright sold 57,872 shares of Informa stock in a transaction that occurred on Tuesday, April 2nd. The stock was 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.