Informa (LON:INF) had its price target hoisted by Goldman Sachs Group from GBX 819 ($10.70) to GBX 857 ($11.20) in a research note issued to investors on Tuesday, ThisIsMoney.Co.Uk reports. The brokerage currently has a neutral rating on the stock.
A number of other research analysts also recently weighed in on INF. UBS Group set a €74.00 ($86.05) target price on Bayerische Motoren Werke and gave the company a neutral rating in a report on Thursday, July 4th. Deutsche Bank raised RDS-A from a hold rating to a buy rating in a report on Monday, May 13th. Peel Hunt reissued a buy rating on shares of Lookers in a report on Monday, July 8th. Shore Capital downgraded Informa to a hold rating in a report on Friday, May 24th. Finally, Macquarie reissued a neutral rating on shares of Informa in a report on Friday, June 7th. Five research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The company currently has an average rating of Buy and a consensus price target of GBX 870.73 ($11.38).
INF stock opened at GBX 833 ($10.88) on Tuesday. Informa has a fifty-two week low of GBX 602.80 ($7.88) and a fifty-two week high of GBX 869.60 ($11.36). The firm has a 50-day moving average price of GBX 807.03. 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 company has a market capitalization of $10.43 billion and a P/E ratio of 42.28.
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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