Informa (LON:INF) Hits New 1-Year High - What's Next?

Key Points

• Shares of Informa plc achieved a new 52-week high, trading at GBX 911.80 ($12.35) with a significant volume of over 6.68 million shares.
• Analysts maintain a consensus "Buy" rating for Informa, with price targets up to GBX 1,020 from JPMorgan, indicating positive growth expectations.
• Informa reported earnings of GBX 30.10 per share for the last quarter, and insider Stephen A. Carter sold nearly 407,000 shares recently, hinting at significant insider activity.

Shares of Informa plc (LON:INF - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 911.80 ($12.35) and last traded at GBX 904.80 ($12.26), with a volume of 6685611 shares. The stock had previously closed at GBX 903 ($12.23).

Analyst Upgrades and Downgrades

INF has been the subject of several analyst reports. Shore Capital restated a "buy" rating and issued a GBX 930 price objective on shares of Informa in a report on Friday, May 23rd. JPMorgan Chase & Co. assumed coverage on Informa in a report on Wednesday, September 3rd. They issued an "overweight" rating and a GBX 1,020 price objective for the company. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of GBX 975.

Informa Price Performance

The company has a market cap of £11.63 billion, a P/E ratio of 16,385.45, a PEG ratio of 0.75 and a beta of 1.12. The company has a fifty day moving average price of GBX 859.56 and a two-hundred day moving average price of GBX 801.09. The company has a debt-to-equity ratio of 31.98, a quick ratio of 1.70 and a current ratio of 0.56.

Informa (LON:INF - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The company reported GBX 30.10 earnings per share for the quarter. Informa had a return on equity of 4.75% and a net margin of 9.30%. On average, sell-side analysts anticipate that Informa plc will post 59.3240265 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Stephen A. Carter sold 406,936 shares of Informa stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of GBX 865, for a total transaction of £3,519,996.40. Insiders own 0.41% of the company's stock.

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.

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