Informa Plc (LON:INF) insider John Rishton bought 6,945 shares of the firm’s stock in a transaction on Friday, September 23rd. The stock was acquired at an average cost of GBX 714 ($9.32) per share, with a total value of £49,587.30 ($64,726.93).
Shares of Informa Plc (LON:INF) opened at 711.50 on Wednesday. The company’s 50-day moving average price is GBX 713.57 and its 200-day moving average price is GBX 696.24. The firm’s market cap is GBX 4.61 billion. Informa Plc has a 12 month low of GBX 545.50 and a 12 month high of GBX 762.00.
The business also recently declared a dividend, which was paid on Friday, September 9th. Shareholders of record on Thursday, August 11th were paid a dividend of GBX 6.80 ($0.09) per share. The ex-dividend date of this dividend was Thursday, August 11th. This represents a yield of 0.93%.
INF has been the subject of several recent research reports. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Informa Plc in a research report on Friday, July 29th. Goldman Sachs Group Inc. reaffirmed a “buy” rating and set a GBX 877 ($11.45) price objective on shares of Informa Plc in a research report on Tuesday, July 19th. Barclays PLC reaffirmed an “overweight” rating and set a GBX 765 ($9.99) price objective on shares of Informa Plc in a research report on Monday, July 18th. Canaccord Genuity reaffirmed a “hold” rating and set a GBX 755 ($9.86) price objective on shares of Informa Plc in a research report on Thursday, September 15th. Finally, Peel Hunt upped their price objective on Informa Plc from GBX 650 ($8.48) to GBX 750 ($9.79) and gave the stock a “hold” rating in a research report on Thursday, July 7th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of GBX 752.67 ($9.82).
Informa Plc Company Profile
Informa plc provides academics, businesses and individuals with knowledge, information and skills and services. It operates in three segments: academic information, which includes the Taylor & Francis publishing business, provides a portfolio of online and print publications, primarily for academic users across the spectrum of science, technology, humanities and social sciences; professional and commercial information, which include Datamonitor, Informa Business Information and Informa Financial Information provides information, across a range of formats and on a global basis, to a variety of sectors, including medical, pharmaceutical, maritime and telecoms, and events and training consists of trade shows and exhibitions, large and small conferences and training courses.
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