Informa (INF) Earns Buy Rating from Peel Hunt

Informa (LON:INF)‘s stock had its “buy” rating reissued by equities research analysts at Peel Hunt in a research report issued to clients and investors on Monday, December 4th. They currently have a GBX 740 ($9.89) price target on the stock. Peel Hunt’s price target indicates a potential upside of 2.49% from the company’s previous close.

Other equities research analysts also recently issued research reports about the company. Liberum Capital upgraded Informa to a “buy” rating and increased their price objective for the company from GBX 675 ($9.03) to GBX 855 ($11.43) in a research report on Friday, November 24th. Kepler Capital Markets reiterated a “hold” rating and set a GBX 700 ($9.36) price objective on shares of Informa in a research report on Monday, November 20th. Shore Capital reiterated a “hold” rating on shares of Informa in a research report on Thursday, November 9th. Deutsche Bank reiterated a “buy” rating and set a GBX 790 ($10.56) price objective on shares of Informa in a research report on Thursday, October 5th. Finally, Berenberg Bank increased their price objective on Informa from GBX 800 ($10.70) to GBX 810 ($10.83) and gave the company a “buy” rating in a research report on Friday, November 10th. Four analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of GBX 804.17 ($10.75).

Shares of Informa (LON:INF) traded down GBX 3.50 ($0.05) during trading hours on Monday, hitting GBX 722 ($9.65). The stock had a trading volume of 1,098,116 shares, compared to its average volume of 2,050,000. Informa has a one year low of GBX 480 ($6.42) and a one year high of GBX 773 ($10.34).

In related news, insider Stephen A. Carter purchased 256 shares of the company’s stock in a transaction dated Wednesday, November 8th. The shares were acquired at an average cost of GBX 705 ($9.43) per share, with a total value of £1,804.80 ($2,413.16).

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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.

Analyst Recommendations for Informa (LON:INF)

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