A number of other brokerages have also recently weighed in on INF. UBS Group reaffirmed a buy rating on shares of Informa in a research report on Tuesday, July 24th. Liberum Capital reaffirmed a buy rating on shares of Informa in a research report on Wednesday, July 25th. Citigroup upped their price target on shares of Informa from GBX 750 ($9.80) to GBX 880 ($11.50) and gave the stock a neutral rating in a research report on Monday, July 23rd. Peel Hunt reaffirmed a hold rating on shares of Informa in a research report on Wednesday, July 25th. Finally, Numis Securities reaffirmed an add rating on shares of Informa in a research report on Wednesday, July 25th. Four analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Informa currently has an average rating of Buy and a consensus target price of GBX 875.25 ($11.44).
Informa stock traded up GBX 18.40 ($0.24) during trading on Friday, reaching GBX 710.60 ($9.29). 6,561,217 shares of the company’s stock were exchanged, compared to its average volume of 3,640,000. Informa has a 52-week low of GBX 624.50 ($8.16) and a 52-week high of GBX 773 ($10.10).
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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