Informa (INF) Rating Reiterated by Peel Hunt

Informa (LON:INF)‘s stock had its “buy” rating restated by stock analysts at Peel Hunt in a note issued to investors on Monday. They currently have a GBX 740 ($9.96) price objective on the stock.

Several other brokerages have also recently issued reports on INF. Goldman Sachs Group restated a “conviction-buy” rating and issued a GBX 863 ($11.62) target price on shares of Informa in a report on Friday, November 24th. Liberum Capital upgraded shares of Informa to a “buy” rating and raised their target price for the stock from GBX 675 ($9.08) to GBX 855 ($11.51) in a report on Friday, November 24th. Kepler Capital Markets upgraded shares of Informa to a “buy” rating and raised their target price for the stock from GBX 700 ($9.42) to GBX 810 ($10.90) in a report on Wednesday, November 22nd. J P Morgan Chase & Co restated a “neutral” rating on shares of Informa in a report on Friday, November 10th. Finally, Berenberg Bank raised their target price on shares of Informa from GBX 800 ($10.77) to GBX 810 ($10.90) and gave the stock a “buy” rating in a report on Friday, November 10th. Four research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of GBX 804.17 ($10.82).

Shares of Informa (LON INF) opened at GBX 740 ($9.96) on Monday. Informa has a fifty-two week low of GBX 480 ($6.46) and a fifty-two week high of GBX 773 ($10.40).

In other news, insider Gareth Bullock acquired 125 shares of the firm’s stock in a transaction dated Friday, September 15th. The shares were purchased at an average cost of GBX 669 ($9.00) per share, for a total transaction of £836.25 ($1,125.50). Also, insider Stephen A. Carter acquired 256 shares of the firm’s stock in a transaction dated Wednesday, November 8th. The shares were purchased at an average price of GBX 705 ($9.49) per share, for a total transaction of £1,804.80 ($2,429.07). Insiders acquired 405 shares of company stock worth $280,161 over the last quarter.

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Informa Company Profile

Informa PLC, together with its subsidiaries, operates in business intelligence, academic publishing, and knowledge and events businesses worldwide. It operates in five segments: Academic Publishing, Business Intelligence, Global Exhibitions, Knowledge & Networking, and Penton Information Services.

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