Informa (INF) Stock Rating Lowered by JPMorgan Chase & Co.

JPMorgan Chase & Co. cut shares of Informa (LON:INF) to a neutral rating in a research note published on Friday morning, ThisIsMoney.Co.Uk reports. JPMorgan Chase & Co. currently has GBX 811 ($10.60) price target on the stock, down from their previous price target of GBX 812 ($10.61).

Several other equities analysts have also issued reports on INF. Deutsche Bank reaffirmed a buy rating and set a GBX 930 ($12.15) price objective on shares of Informa in a report on Monday, May 13th. Numis Securities upgraded shares of Informa to a buy rating in a research note on Thursday, May 16th. Goldman Sachs Group reiterated a buy rating and set a GBX 818 ($10.69) target price (down previously from GBX 849 ($11.09)) on shares of Informa in a research note on Tuesday, April 16th. Morgan Stanley decreased their target price on shares of Informa from GBX 850 ($11.11) to GBX 840 ($10.98) and set an overweight rating for the company in a research note on Tuesday, March 19th. Finally, Peel Hunt reiterated an add rating on shares of Informa in a research note on Thursday, May 2nd. Three analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The stock has an average rating of Buy and a consensus target price of GBX 862.42 ($11.27).

Shares of INF stock opened at GBX 772 ($10.09) on Friday. The stock has a market cap of $9.68 billion and a price-to-earnings ratio of 39.19. Informa has a 1 year low of GBX 602.80 ($7.88) and a 1 year high of GBX 869.60 ($11.36). The company has a debt-to-equity ratio of 47.06, a quick ratio of 0.28 and a current ratio of 0.47.

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

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.

Featured Story: What is the Beige Book?

Analyst Recommendations for Informa (LON:INF)

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.