Informa (LON:INF) Stock Crosses Above Two Hundred Day Moving Average - What's Next?

Key Points

• Informa plc's share price has surpassed its 200-day moving average, trading at GBX 870.40 ($11.75) on Friday, with a peak at GBX 877.40 ($11.85).
• Research analysts have set new price targets for Informa, with JPMorgan Chase issuing a target of GBX 1,020 and Shore Capital setting a target of GBX 930, indicating a generally positive outlook.
• Informa's recent earnings report showed an earnings per share (EPS) of GBX 30.10, with analysts forecasting an EPS of approximately 59.32 for the current fiscal year.

Informa plc (LON:INF - Get Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 802.90 ($10.79) and traded as high as GBX 877.40 ($11.79). Informa shares last traded at GBX 870.40 ($11.70), with a volume of 1,573,856 shares trading hands.

Analyst Ratings Changes

A number of research analysts have recently weighed in on INF shares. JPMorgan Chase & Co. started coverage on shares of Informa in a report on Wednesday. They set an "overweight" rating and a GBX 1,020 price target on the stock. Shore Capital reiterated a "buy" rating and set a GBX 930 price target on shares of Informa in a research note on Friday, May 23rd. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of GBX 975.

Informa Trading Up 1.8%

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 company's 50 day moving average is GBX 854.84 and its 200 day moving average is GBX 802.29. The stock has a market capitalization of £11.40 billion, a price-to-earnings ratio of 16,018.18, a PEG ratio of 0.75 and a beta of 1.12.

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

Insider Activity at Informa

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

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.