Informa (LON:INF) Earns “Add” Rating from Peel Hunt

Peel Hunt reissued their add rating on shares of Informa (LON:INF) in a report released on Monday, April 1st, ThisIsMoney.Co.Uk reports.

INF has been the subject of several other research reports. Shore Capital restated a top pick rating on shares of Informa in a research note on Thursday, January 3rd. Goldman Sachs Group restated a buy rating and issued a GBX 991 ($12.95) price objective (down previously from GBX 996 ($13.01)) on shares of Informa in a research note on Friday, December 14th. Barclays decreased their target price on shares of Informa from GBX 855 ($11.17) to GBX 785 ($10.26) and set an overweight rating for the company in a research note on Friday, February 8th. Deutsche Bank decreased their target price on shares of Informa from GBX 955 ($12.48) to GBX 930 ($12.15) and set a buy rating for the company in a research note on Tuesday, December 4th. Finally, Morgan Stanley cut their price target on shares of Informa from GBX 850 ($11.11) to GBX 840 ($10.98) and set an overweight rating for the company in a report on Tuesday, March 19th. Four equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Informa has an average rating of Buy and an average price target of GBX 862.50 ($11.27).

LON INF traded down GBX 7 ($0.09) on Monday, reaching GBX 799 ($10.44). The stock had a trading volume of 3,430,243 shares, compared to its average volume of 3,640,000. The firm has a market cap of $10.01 billion and a price-to-earnings ratio of 40.56. The company has a quick ratio of 0.38, a current ratio of 0.47 and a debt-to-equity ratio of 46.65. Informa has a 12-month low of GBX 602.80 ($7.88) and a 12-month high of GBX 869.60 ($11.36).

The company also recently announced a dividend, which will be paid on Friday, May 31st. Investors of record on Thursday, April 25th will be given a dividend of GBX 14.85 ($0.19) per share. The ex-dividend date is Thursday, April 25th. This represents a yield of 2.09%. This is a positive change from Informa’s previous dividend of $7.05. Informa’s dividend payout ratio (DPR) is 1.12%.

About Informa

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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Analyst Recommendations for Informa (LON:INF)

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