Informa (LON:INF) Price Target Increased to GBX 857 by Analysts at Goldman Sachs Group

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 report released on Tuesday, ThisIsMoney.Co.Uk reports. Goldman Sachs Group currently has a neutral rating on the stock.

INF has been the topic of a number of other reports. Macquarie reiterated a neutral rating on shares of Informa in a report on Friday, June 7th. UBS Group set a €74.00 ($86.05) price target on Bayerische Motoren Werke and gave the company a neutral rating in a report on Thursday, July 4th. Deutsche Bank upgraded RDS-A from a hold rating to a buy rating in a report on Monday, May 13th. Numis Securities reiterated a buy rating on shares of 3i Group in a report on Thursday, May 16th. Finally, Citigroup set a $13.00 price target on e.l.f. Beauty and gave the company a hold rating in a report on Monday, May 13th. Five research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus price target of GBX 870.73 ($11.38).

Shares of LON:INF opened at GBX 833 ($10.88) on Tuesday. Informa has a 12-month low of GBX 602.80 ($7.88) and a 12-month high of GBX 869.60 ($11.36). The firm has a fifty day moving average of GBX 807.03. The stock has a market cap of $10.43 billion and a P/E ratio of 42.28. The company has a debt-to-equity ratio of 47.06, a current ratio of 0.47 and a quick ratio of 0.28.

In other Informa news, insider John Rishton bought 6,482 shares of the company’s stock in a transaction that occurred on Monday, June 3rd. The shares were purchased at an average cost of GBX 766 ($10.01) per share, for a total transaction of £49,652.12 ($64,879.29).

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.

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Analyst Recommendations for Informa (LON:INF)

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