Informa (LON:INF) Sets New 52-Week High – Here’s What Happened

by · The Markets Daily

Informa plc (LON:INF – Get Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as GBX 983.60 and last traded at GBX 982.80, with a volume of 5279382 shares traded. The stock had previously closed at GBX 970.

Analysts Set New Price Targets

Several brokerages recently commented on INF. JPMorgan Chase & Co. began coverage on Informa in a research note on Wednesday, September 3rd. They set an “overweight” rating and a GBX 1,020 price objective on the stock. Deutsche Bank Aktiengesellschaft raised their price target on Informa from GBX 1,000 to GBX 1,140 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Informa presently has a consensus rating of “Buy” and an average target price of GBX 1,030.

Read Our Latest Research Report on INF

Informa Stock Up 1.3%

The company has a quick ratio of 1.70, a current ratio of 0.56 and a debt-to-equity ratio of 31.98. The company has a market capitalization of £12.65 billion, a price-to-earnings ratio of 178.67, a P/E/G ratio of 0.75 and a beta of 1.12. The stock’s fifty day moving average price is GBX 916.60 and its 200-day moving average price is GBX 848.52.

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