HSBC cut shares of Informa (LON: INF) to a hold rating in a research note issued to investors on Tuesday. The firm currently has $6.89 (443 GBX) target price on the stock, up from their previous target price of $6.50 (418 GBX).
Shares of Informa traded down 1.16% during mid-day trading on Tuesday, hitting GBX 485.70. Informa has a 52 week low of GBX 335.90 and a 52 week high of GBX 492.50. The stock’s 50-day moving average is currently GBX 412.0. The company’s market cap is £2.925 billion.
A number of other analysts have also recently weighed in on INF. Analysts at AlphaValue reiterated a reduce rating on shares of Informa in a research note to investors on Thursday, February 7th. They now have a $7.25 price target on the stock. Separately, analysts at Liberum Capital reiterated a hold rating on shares of Informa in a research note to investors on Thursday, January 31st. They now have a $7.11 price target on the stock. Finally, analysts at Jefferies Group reiterated a buy rating on shares of Informa in a research note to investors on Tuesday, January 22nd. They now have a $9.18 price target on the stock.
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