Informa (LON:INF)‘s stock had its “buy” rating reissued by stock analysts at Deutsche Bank in a research note issued on Friday, ThisIsMoney.Co.Uk reports.
Several other analysts also recently weighed in on the company. Numis Securities restated a “buy” rating on shares of 3i Group in a research note on Thursday, May 16th. Citigroup set a $13.00 target price on e.l.f. Beauty and gave the company a “hold” rating in a research note on Monday, May 13th. Goldman Sachs Group set a €149.00 ($173.26) target price on Airbus and gave the company a “buy” rating in a research note on Tuesday, July 9th. Morgan Stanley set a CHF 104 target price on Nestlé and gave the company a “buy” rating in a research note on Tuesday, March 19th. Finally, Macquarie restated a “neutral” rating on shares of Informa in a research note on Friday, June 7th. Five equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Informa presently has a consensus rating of “Buy” and an average target price of GBX 870.73 ($11.38).
Shares of Informa stock opened at GBX 833 ($10.88) on Friday. The firm’s 50-day simple moving average is GBX 807.03. The company has a quick ratio of 0.28, a current ratio of 0.47 and a debt-to-equity ratio of 47.06. The firm has a market capitalization of $10.43 billion and a P/E ratio of 42.28. Informa has a 1-year low of GBX 602.80 ($7.88) and a 1-year high of GBX 869.60 ($11.36).
Informa Company Profile
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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