Informa’s (INF) Buy Rating Reaffirmed at Citigroup

Informa (LON:INF)‘s stock had its “buy” rating reaffirmed by analysts at Citigroup in a report issued on Thursday, Digital Look reports.

A number of other equities analysts also recently commented on INF. Numis Securities reiterated a “buy” rating and set a GBX 922 ($11.66) price objective on shares of Informa in a research report on Friday, March 8th. Berenberg Bank raised their target price on Informa from GBX 975 ($12.33) to GBX 1,010 ($12.78) and gave the company a “buy” rating in a report on Friday, June 28th. Finally, Shore Capital reiterated a “buy” rating on shares of Informa in a research note on Thursday, April 4th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, Informa presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 871.17 ($11.02).

Informa Trading Up 0.9 %

Shares of INF stock opened at GBX 853.80 ($10.80) on Thursday. The firm has a market capitalization of £11.53 billion, a P/E ratio of 2,845.03, a PEG ratio of 0.75 and a beta of 1.10. The company has a debt-to-equity ratio of 25.84, a quick ratio of 1.70 and a current ratio of 0.59. Informa has a fifty-two week low of GBX 684 ($8.65) and a fifty-two week high of GBX 880.62 ($11.14). The stock’s fifty day moving average is GBX 839.86 and its two-hundred day moving average is GBX 810.78.

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.