Informa plc (LON:INF) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Informa plc (LON:INF) have received a consensus rating of “Moderate Buy” from the seven ratings firms that are presently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is GBX 865.33 ($10.69).

INF has been the subject of a number of research analyst reports. Berenberg Bank reaffirmed a “buy” rating and set a GBX 975 ($12.04) price objective on shares of Informa in a research note on Monday, March 11th. Numis Securities reaffirmed a “buy” rating and set a GBX 922 ($11.39) price objective on shares of Informa in a research note on Friday, March 8th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Informa in a research note on Thursday, April 4th.

Insider Activity

In other news, insider Gareth Wright sold 57,872 shares of the stock in a transaction that occurred on Tuesday, April 2nd. The stock was sold at an average price of GBX 820 ($10.13), for a total transaction of £474,550.40 ($586,154.15). Company insiders own 0.58% of the company’s stock.

Informa Price Performance

LON:INF opened at GBX 801.60 ($9.90) on Friday. The firm has a market cap of £10.90 billion, a price-to-earnings ratio of 3,177.60, a price-to-earnings-growth ratio of 0.75 and a beta of 1.10. The company has a current ratio of 0.59, a quick ratio of 1.70 and a debt-to-equity ratio of 25.84. The company’s 50-day moving average is GBX 814.65 and its two-hundred day moving average is GBX 773.81. Informa has a 12-month low of GBX 679 ($8.39) and a 12-month high of GBX 842 ($10.40).

Informa Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, July 12th. Shareholders of record on Thursday, June 6th will be issued a GBX 12.20 ($0.15) dividend. This represents a yield of 1.51%. The ex-dividend date is Thursday, June 6th. This is a boost from Informa’s previous dividend of $5.80. Informa’s dividend payout ratio is currently 7,200.00%.

Informa Company Profile

Informa plc operates as an international events, digital services, and academic knowledge company in the United Kingdom, Continental Europe, North America, China, and internationally. It operates through four segments: Informa Markets, Informa Tech, Informa Connect, and Taylor & Francis. The Informa Connect segment delivers specialist content, and live events and on-demand experiences for professionals through in-person, live, and digital platforms and services that enables businesses and professionals to meet, network, discuss, and learn.