Goldman Sachs Reaffirms “Conviction-Buy” Rating for Informa (INF)

Goldman Sachs reaffirmed their conviction-buy rating on shares of Informa (LON:INF) in a research report sent to investors on Friday, April 6th.

INF has been the subject of a number of other research reports. Peel Hunt cut Informa to a hold rating and lifted their price objective for the company from GBX 740 ($10.60) to GBX 780 ($11.17) in a research report on Wednesday, January 17th. Liberum Capital reaffirmed a buy rating and issued a GBX 855 ($12.24) price target on shares of Informa in a research report on Monday, January 15th. Deutsche Bank reissued a buy rating on shares of Informa in a research report on Wednesday, January 17th. Shore Capital restated a hold rating on shares of Informa in a research note on Wednesday, February 28th. Finally, Morgan Stanley restated an overweight rating and set a GBX 770 ($11.03) price target on shares of Informa in a research note on Wednesday, March 14th. Six investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. The company has an average rating of Buy and a consensus price target of GBX 809.57 ($11.59).

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Shares of LON INF opened at GBX 723.20 ($10.36) on Friday. Informa has a 52-week low of GBX 624.50 ($8.94) and a 52-week high of GBX 773 ($11.07).

The business also recently disclosed a dividend, which will be paid on Friday, June 1st. Stockholders of record on Thursday, April 19th will be paid a GBX 13.80 ($0.20) dividend. This is a positive change from Informa’s previous dividend of $6.65. This represents a dividend yield of 1.99%. The ex-dividend date of this dividend is Thursday, April 19th.

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Informa Company Profile

Informa plc engages in business intelligence, academic publishing, and knowledge and events businesses worldwide. The company operates through Academic Publishing, Business Intelligence, Global Exhibitions, and Knowledge & Networking segments. The Academic Publishing segment publishes academic books and journals in print and digital formats for university libraries and departments, specialist research institutions, and individuals in the areas of humanities and social sciences, science, technology, and medicine.

Analyst Recommendations for Informa (LON:INF)

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