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Informa (LON:INF) Stock Price Passes Above Two Hundred Day Moving Average - Here's What Happened

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Key Points

  • Informa shares rose above their 200-day moving average, reaching GBX 895.60 and last trading at GBX 894.80, compared with the moving average of GBX 833.21.
  • Analysts remain bullish: six analysts rate the stock a Buy, with a consensus price target of GBX 1,135. Recent targets range from GBX 1,040 to GBX 1,285.
  • Informa reported quarterly EPS of GBX 26.70, while its market capitalization stood at approximately £11.18 billion; analysts expect full-year EPS of about GBX 59.32.
  • Five stocks we like better than Informa.

Informa plc (LON:INF - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 833.21 and traded as high as GBX 895.60. Informa shares last traded at GBX 894.80, with a volume of 590,334,438 shares trading hands.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on INF shares. Berenberg Bank increased their price target on Informa from GBX 965 to GBX 1,040 and gave the stock a "buy" rating in a report on Friday, July 31st. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 1,140 price objective on shares of Informa in a report on Friday, July 31st. JPMorgan Chase & Co. decreased their target price 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. Finally, Citigroup increased their target price on shares of Informa from GBX 990 to GBX 1,090 and gave the stock a "buy" rating in a research note on Wednesday, August 12th. Six research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of GBX 1,135.

View Our Latest Stock Report on INF

Informa Price Performance

The company has a debt-to-equity ratio of 64.99, a current ratio of 0.55 and a quick ratio of 1.70. The firm has a market capitalization of £11.18 billion, a price-to-earnings ratio of 52.33, a PEG ratio of 0.75 and a beta of 0.68. The stock has a 50 day moving average price of GBX 889.09 and a two-hundred day moving average price of GBX 833.21.

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

Informa Company Profile

(Get Free Report)

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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