Informa (LON:INF)‘s stock had its “conviction-buy” rating reiterated by stock analysts at Goldman Sachs in a report issued on Friday.
INF has been the subject of several other reports. Liberum Capital reissued a “buy” rating and set a GBX 855 ($12.00) price objective on shares of Informa in a research note on Wednesday, February 28th. Numis Securities reissued an “add” rating and set a GBX 825 ($11.58) price objective on shares of Informa in a research note on Wednesday, February 28th. Peel Hunt cut shares of Informa to a “hold” rating in a research note on Wednesday. Societe Generale reissued a “buy” rating and set a GBX 810 ($11.37) price objective on shares of Informa in a research note on Friday, January 26th. Finally, Shore Capital reissued a “hold” rating on shares of Informa in a research note on Wednesday, January 17th. Six research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of GBX 809.57 ($11.36).
Shares of LON INF opened at GBX 721 ($10.12) on Friday. Informa has a 52-week low of GBX 624.50 ($8.77) and a 52-week high of GBX 773 ($10.85).
Informa plc engages in business intelligence, academic publishing, and knowledge and events businesses worldwide. The company operates through Academic Publishing, Business Intelligence, Global Exhibitions, and Knowledge & Networking segments. The Academic Publishing segment publishes academic books and journals in print and digital formats for university libraries and departments, specialist research institutions, and individuals in the areas of humanities and social sciences, science, technology, and medicine.
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