Informa (LON:INF) Given New GBX 1,290 Price Target at Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank raised Informa’s price target to GBX 1,290 from GBX 1,140 and maintained a “buy” rating, implying 42.54% upside from the prior close.
• Analyst sentiment remains positive: six analysts rate Informa a “buy,” with a consensus rating of “Buy” and an average target price of GBX 1,160.
• Informa shares opened at GBX 905 and were reported up 1.6%; the company recently posted quarterly EPS of GBX 26.70, while analysts expect full-year EPS of approximately GBX 59.32.

Informa (LON:INF - Get Free Report) had its price objective lifted by investment analysts at Deutsche Bank Aktiengesellschaft from GBX 1,140 to GBX 1,290 in a note issued to investors on Friday, Digital Look reports. The brokerage presently has a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft's price target would suggest a potential upside of 42.54% from the company's previous close.

Other equities analysts have also issued reports about the stock. JPMorgan Chase & Co. dropped their price objective on shares of Informa from GBX 1,300 to GBX 1,285 and set an "overweight" rating on the stock in a research report on Thursday, July 2nd. Citigroup lifted their target price on shares of Informa from GBX 990 to GBX 1,090 and gave the stock a "buy" rating in a report on Wednesday, August 12th. Finally, Berenberg Bank reiterated a "buy" rating and issued a GBX 1,040 price target on shares of Informa in a research note on Thursday. Six investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Informa presently has an average rating of "Buy" and an average target price of GBX 1,160.

Informa Stock Up 1.6%

INF stock opened at GBX 905 on Friday. The company has a current ratio of 0.55, a quick ratio of 1.70 and a debt-to-equity ratio of 64.99. The firm has a market capitalization of £11.31 billion, a PE ratio of 52.92, a PEG ratio of 0.75 and a beta of 0.68. Informa has a 1-year low of GBX 719 and a 1-year high of GBX 1,000. The business's 50 day simple moving average is GBX 893.37 and its 200 day simple moving average is GBX 852.74.

Informa (LON:INF - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported GBX 26.70 earnings per share for the quarter. Informa had a return on equity of 3.90% and a net margin of 5.43%. As a group, research analysts anticipate that Informa will post 59.3240265 EPS for the current year.

Informa Company Profile

Our events, digital products and academic research services connect specialists with knowledge, helping them learn more, know more and do more. We do this in dozens of specialist markets and subject matter categories, including in Healthcare & Pharma, Technology, Finance, Education, Marketing, Health & Nutrition, Foodservice, and many more. And we do this through a range of products and services, including major live events, specialist media and content, expert research articles, books and open research platforms, accredited training, buyer discovery services, and digital demand and lead-generation services.

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