Informa (LON:INF) declared a dividend on Wednesday, February 28th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, April 19th will be paid a dividend of GBX 13.80 ($0.20) per share on Friday, June 1st. This represents a dividend yield of 1.99%. The ex-dividend date is Thursday, April 19th. This is a boost from Informa’s previous dividend of $6.65. The official announcement can be seen at this link.
Shares of INF stock opened at GBX 730.60 ($10.46) on Friday. Informa has a 1-year low of GBX 624.50 ($8.94) and a 1-year high of GBX 773 ($11.07).
INF has been the subject of several recent research reports. Peel Hunt downgraded Informa to a “hold” rating and increased their price objective for the company from GBX 740 ($10.60) to GBX 780 ($11.17) in a research note on Wednesday, January 17th. Liberum Capital reissued a “buy” rating and issued a GBX 855 ($12.24) price objective on shares of Informa in a research note on Monday, January 15th. Deutsche Bank reissued a “buy” rating on shares of Informa in a research note on Wednesday, January 17th. Shore Capital reissued a “hold” rating on shares of Informa in a research note on Wednesday, February 28th. Finally, Morgan Stanley reissued an “overweight” rating and issued a GBX 770 ($11.03) price objective on shares of Informa in a research note on Wednesday, March 14th. Six analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. Informa currently has an average rating of “Buy” and a consensus price target of GBX 809.57 ($11.59).
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.
Receive News & Ratings for Informa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Informa and related companies with MarketBeat.com's FREE daily email newsletter.