Informa (LON:INF) Shares Pass Above Two Hundred Day Moving Average – Should You Sell?

Informa plc (LON:INF)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 841.77 and traded as high as GBX 900.40. Informa shares last traded at GBX 897.54, with a volume of 1,973,435 shares trading hands.

Wall Street Analyst Weigh In

Several brokerages have commented on INF. JPMorgan Chase & Co. dropped their target price on shares of Informa from GBX 1,300 to GBX 1,285 and set an “overweight” rating on the stock in a report on Thursday, July 2nd. Berenberg Bank raised their price objective on shares of Informa from GBX 965 to GBX 1,040 and gave the stock a “buy” rating in a report on Friday, July 31st. Citigroup boosted their price objective on shares of Informa from GBX 990 to GBX 1,090 and gave the company a “buy” rating in a research report on Wednesday, August 12th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 1,140 target price on shares of Informa in a research note on Friday, July 31st. Six equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Informa has an average rating of “Buy” and an average target price of GBX 1,135.

Informa Stock Down 2.1%

The company has a current ratio of 0.55, a quick ratio of 1.70 and a debt-to-equity ratio of 64.99. The company has a market capitalization of £10.93 billion, a P/E ratio of 51.15, a PEG ratio of 0.75 and a beta of 0.68. The firm’s 50 day moving average price is GBX 895.75 and its two-hundred day moving average price is GBX 842.

Informa (LON:INF) last released its earnings results on Thursday, July 30th. The company reported GBX 26.70 earnings per share for the quarter. Informa had a net margin of 5.43% and a return on equity of 3.90%. Equities research analysts forecast that Informa plc will post 59.3240265 EPS for the current 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.