Analysts Set Informa plc (LON:INF) Target Price at GBX 865.33

Shares of Informa plc (LON:INF) have been given a consensus recommendation of “Moderate Buy” by the seven brokerages that are covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is GBX 865.33 ($11.00).

INF has been the subject of several recent analyst reports. Shore Capital restated a “buy” rating on shares of Informa in a research note on Thursday, April 4th. Berenberg Bank restated a “buy” rating and set a GBX 975 ($12.39) target price on shares of Informa in a research report on Monday, March 11th. Finally, Numis Securities reaffirmed a “buy” rating and set a GBX 922 ($11.72) target price on shares of Informa in a research note on Friday, March 8th.

Informa Stock Up 0.7 %

LON INF opened at GBX 844.60 ($10.73) on Tuesday. Informa has a 52 week low of GBX 684 ($8.69) and a 52 week high of GBX 865.20 ($11.00). The company has a quick ratio of 1.70, a current ratio of 0.59 and a debt-to-equity ratio of 25.84. The company has a market capitalization of £11.40 billion, a P/E ratio of 2,815.33, a price-to-earnings-growth ratio of 0.75 and a beta of 1.10. The stock’s 50-day moving average price is GBX 822.13 and its 200-day moving average price is GBX 791.80.

Informa Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, July 12th. Shareholders of record on Thursday, June 6th will be given a dividend of GBX 12.20 ($0.16) per share. This represents a dividend yield of 1.51%. The ex-dividend date of this dividend is Thursday, June 6th. This is a positive change from Informa’s previous dividend of $5.80. Informa’s payout ratio is 6,000.00%.

Insider Buying and Selling

In other news, insider Gareth Wright sold 57,872 shares of Informa stock in a transaction on Tuesday, April 2nd. The stock was sold at an average price of GBX 820 ($10.42), for a total transaction of £474,550.40 ($603,139.81). 0.38% of the stock is owned by corporate insiders.

About Informa

Informa plc operates as an international events, digital services, and academic knowledge company in the United Kingdom, Continental Europe, North America, China, and internationally. It operates through four segments: Informa Markets, Informa Tech, Informa Connect, and Taylor & Francis. The Informa Connect segment delivers specialist content, and live events and on-demand experiences for professionals through in-person, live, and digital platforms and services that enables businesses and professionals to meet, network, discuss, and learn.