Informa (LON:INF) Reaches New 52-Week High – Time to Buy?

Informa plc (LON:INF)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 1,000 and last traded at GBX 983.80, with a volume of 10958742 shares. The stock had previously closed at GBX 968.

Analyst Ratings Changes

A number of research firms have recently commented on INF. JPMorgan Chase & Co. initiated coverage on Informa in a report on Wednesday, September 3rd. They issued an “overweight” rating and a GBX 1,020 price objective on the stock. Deutsche Bank Aktiengesellschaft increased their price target on shares of Informa from GBX 1,000 to GBX 1,140 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Finally, UBS Group restated a “buy” rating and set a GBX 1,055 price objective on shares of Informa in a research report on Friday. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of GBX 1,036.25.

Informa Stock Performance

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 stock has a fifty day moving average price of GBX 926.62 and a 200-day moving average price of GBX 858.38. The firm has a market cap of £12.70 billion, a price-to-earnings ratio of 179.93, a price-to-earnings-growth ratio of 0.75 and a beta of 1.12.

About Informa

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.