Informa (LON:INF) Stock Price Crosses Above 200-Day Moving Average - What's Next?

Key Points

• Informa shares crossed above their 200-day moving average of GBX 860.19, reaching GBX 867 before closing at GBX 860 on trading volume of about 10.1 million shares.
• Analyst sentiment remains positive: all six analysts rate the stock a Buy, with an average price target of GBX 1,160. Recent targets range from GBX 1,040 to GBX 1,290.
• Informa reported quarterly EPS of GBX 26.70, while analysts expect full-year EPS of GBX 59.32; the company has a market capitalization of approximately £10.74 billion.

Shares of Informa plc (LON:INF - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of GBX 860.19 and traded as high as GBX 867. Informa shares last traded at GBX 860, with a volume of 10,062,096 shares trading hands.

Wall Street Analysts Forecast Growth

INF has been the subject of several research analyst reports. Berenberg Bank restated a "buy" rating and issued a GBX 1,040 price target on shares of Informa in a research report on Thursday, October 8th. JPMorgan Chase & Co. decreased their price objective on shares of Informa from GBX 1,300 to GBX 1,285 and set an "overweight" rating for the company in a research note on Thursday, July 2nd. Citigroup lifted their price objective on shares of Informa from GBX 990 to GBX 1,090 and gave the stock a "buy" rating in a research report on Wednesday, August 12th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Informa from GBX 1,140 to GBX 1,290 and gave the company a "buy" rating in a research note on Friday, October 9th. Six investment analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, Informa presently has an average rating of "Buy" and an average price target of GBX 1,160.

Informa Price Performance

The company has a quick ratio of 1.70, a current ratio of 0.55 and a debt-to-equity ratio of 64.99. The stock's 50 day moving average price is GBX 888.66 and its two-hundred day moving average price is GBX 860.19. The firm has a market capitalization of £10.74 billion, a price-to-earnings ratio of 50.29, a P/E/G ratio of 0.75 and a beta of 0.71.

Informa (LON:INF - Get Free Report) last released its quarterly earnings data 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%. Analysts anticipate that Informa plc will post 59.32 EPS for the current fiscal year.

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. 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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