Informa (LON:INF) Shares Cross Above 50-Day Moving Average – Should You Sell?

Informa plc (LON:INF) crossed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of GBX 871.62 and traded as high as GBX 888.80. Informa shares last traded at GBX 879.18, with a volume of 400,178,188 shares trading hands.

Analyst Ratings Changes

INF has been the subject of several recent analyst reports. Citigroup raised their price objective on shares of Informa from GBX 990 to GBX 1,090 and gave the stock a “buy” rating in a report on Wednesday, August 12th. Deutsche Bank upped their target price on shares of Informa from GBX 1,140 to GBX 1,290 and gave the company a “buy” rating in a research note on Friday, October 9th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,040 price target on shares of Informa in a research report on Thursday, October 8th. Five equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of GBX 1,181.

Informa Stock Down 0.0%

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 stock’s fifty day simple moving average is GBX 871.62 and its 200-day simple moving average is GBX 846.53. The stock has a market cap of £11.99 billion, a P/E ratio of 51.59, a PEG ratio of 0.75 and a beta of 0.71.

Informa Company Profile

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.