Informa (LON:INF) Stock Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• Informa plc's stock price has recently crossed above its 200-day moving average of GBX 801.41, currently trading at GBX 870.78.
• Wall Street analysts have a generally positive outlook, with Shore Capital maintaining a "buy" rating and a target price of GBX 930, while JPMorgan Chase & Co. set a target of GBX 1,020.
• Insider Stephen A. Carter sold approximately 406,936 shares of Informa stock at an average price of GBX 865, totaling nearly £3.52 million.

Informa plc (LON:INF - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 801.41 ($10.88) and traded as high as GBX 872.80 ($11.85). Informa shares last traded at GBX 870.78 ($11.82), with a volume of 1,471,537 shares trading hands.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on INF. Shore Capital restated a "buy" rating and set a GBX 930 ($12.63) price objective on shares of Informa in a research note on Friday, May 23rd. JPMorgan Chase & Co. started coverage on Informa in a research note on Tuesday, July 29th. They set an "overweight" rating and a GBX 1,020 ($13.85) target price on the stock.

Informa Stock Up 0.3%

The company has a debt-to-equity ratio of 31.98, a quick ratio of 1.70 and a current ratio of 0.56. The firm has a market capitalization of £11.52 billion, a P/E ratio of 37.68, a PEG ratio of 0.75 and a beta of 1.12. The stock has a 50 day moving average of GBX 829.93 and a 200-day moving average of GBX 801.41.

Informa (LON:INF - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The company reported GBX 30.10 ($0.41) earnings per share for the quarter. Informa had a return on equity of 4.75% and a net margin of 9.30%. Research analysts predict that Informa plc will post 59.3240265 earnings per share for the current fiscal year.

Insider Activity at Informa

In other news, insider Stephen A. Carter sold 406,936 shares of the business's stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of GBX 865 ($11.75), for a total transaction of £3,519,996.40 ($4,780,005.98). Insiders own 0.53% 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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