Informa (LON:INF) Share Price Passes Above 200-Day Moving Average – Time to Sell?

Informa plc (LON:INF) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 836.12 and traded as high as GBX 890.80. Informa shares last traded at GBX 888.40, with a volume of 1,887,173 shares traded.

Wall Street Analysts Forecast Growth

INF has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 1,140 price target on shares of Informa in a report on Friday, July 31st. Berenberg Bank raised their price objective on shares of Informa from GBX 965 to GBX 1,040 and gave the stock a “buy” rating in a report on Friday, July 31st. Citigroup boosted their price objective on shares of Informa from GBX 990 to GBX 1,090 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Informa from GBX 1,300 to GBX 1,285 and set an “overweight” rating for the company in a report on Thursday, July 2nd. Six equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Informa has an average rating of “Buy” and a consensus target price of GBX 1,135.

Informa Price Performance

The stock has a 50-day moving average price of GBX 898.21 and a 200 day moving average price of GBX 836.46. The company has a debt-to-equity ratio of 64.99, a current ratio of 0.55 and a quick ratio of 1.70. The firm has a market cap of £11.14 billion, a price-to-earnings ratio of 52.12, a PEG ratio of 0.75 and a beta of 0.68.

Informa (LON:INF) last announced its earnings results on Thursday, July 30th. The company reported GBX 26.70 earnings per share (EPS) for the quarter. Informa had a return on equity of 3.90% and a net margin of 5.43%. As a group, equities research analysts forecast that Informa plc will post 59.3240265 earnings per share for the current fiscal year.

About Informa

Our events, digital products and academic research services connect specialists with knowledge, helping them learn more, know more and do more.

We do this in dozens of specialist markets and subject matter categories, including in Healthcare & Pharma, Technology, Finance, Education, Marketing, Health & Nutrition, Foodservice, and many more.

And we do this through a range of products and services, including major live events, specialist media and content, expert research articles, books and open research platforms, accredited training, buyer discovery services, and digital demand and lead-generation services.