Informa (LON:INF) Given New GBX 850 Price Target at Citigroup

Key Points

• Citigroup cut its price target on Informa from GBX 1,000 to GBX 850 and kept a "neutral" rating, implying roughly a 7.6% upside from the prior close.
• Analyst consensus remains a Moderate Buy (six Buy, one Hold) with a consensus price target of GBX 1,076.43, while peers such as JPMorgan and Berenberg have higher targets (GBX 1,330 and GBX 1,030 respectively).
• Informa trades near GBX 790 (50‑day MA GBX 801, 200‑day MA GBX 879) with a £10bn market cap and an unusually high P/E (~988), and insider Stephen A. Carter sold 330,249 shares at GBX 934, leaving insiders with 0.39% ownership.

Informa (LON:INF - Get Free Report) had its target price lowered by equities researchers at Citigroup from GBX 1,000 to GBX 850 in a report released on Thursday,London Stock Exchange reports. The firm currently has a "neutral" rating on the stock. Citigroup's target price suggests a potential upside of 7.57% from the stock's previous close.

Several other analysts also recently commented on the stock. JPMorgan Chase & Co. lowered their target price on shares of Informa from GBX 1,345 to GBX 1,330 and set an "overweight" rating for the company in a report on Monday, January 12th. Berenberg Bank reiterated a "buy" rating and issued a GBX 1,030 target price on shares of Informa in a report on Wednesday, January 21st. Six equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of GBX 1,076.43.

Informa Stock Performance

INF opened at GBX 790.20 on Thursday. The company has a current ratio of 0.44, a quick ratio of 1.70 and a debt-to-equity ratio of 61.56. The company's fifty day moving average price is GBX 801.12 and its two-hundred day moving average price is GBX 878.91. Informa has a 1-year low of GBX 666 and a 1-year high of GBX 1,000. The company has a market cap of £10.00 billion, a price-to-earnings ratio of 987.75, a PEG ratio of 0.75 and a beta of 0.69.

Informa (LON:INF - Get Free Report) last released its quarterly earnings data on Thursday, March 12th. The company reported GBX 56 earnings per share for the quarter. Informa had a net margin of 1.64% and a return on equity of 0.87%. On average, analysts expect that Informa will post 59.3240265 EPS for the current fiscal year.

Insider Activity at Informa

In other news, insider Stephen A. Carter sold 330,249 shares of the stock in a transaction dated Thursday, January 22nd. The shares were sold at an average price of GBX 934, for a total value of £3,084,525.66. 0.39% of the stock is currently owned by corporate insiders.

About Informa

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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