Brokerages Set Informa plc (LON:INF) Price Target at GBX 900.50

Shares of Informa plc (LON:INF) have earned an average recommendation of “Moderate Buy” from the six research firms that are covering the stock, MarketBeat reports. One analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 900.50 ($12.06).

Several research firms have recently weighed in on INF. Citigroup reissued a “buy” rating on shares of Informa in a research report on Thursday, July 4th. Shore Capital reissued a “buy” rating on shares of Informa in a report on Wednesday, July 24th. Finally, Berenberg Bank increased their target price on Informa from GBX 975 ($13.06) to GBX 1,010 ($13.52) and gave the stock a “buy” rating in a report on Friday, June 28th.

Informa Price Performance

The company has a quick ratio of 1.70, a current ratio of 0.56 and a debt-to-equity ratio of 29.87. Informa has a 52 week low of GBX 684 ($9.16) and a 52 week high of GBX 886 ($11.86). The firm’s fifty day simple moving average is GBX 835.91 and its 200-day simple moving average is GBX 832.54. The firm has a market capitalization of £11.17 billion, a P/E ratio of 3,651.30, a PEG ratio of 0.75 and a beta of 1.12.

Informa Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, September 20th. Stockholders of record on Thursday, August 8th were issued a dividend of GBX 6.40 ($0.09) per share. This represents a dividend yield of 0.76%. The ex-dividend date of this dividend was Thursday, August 8th. Informa’s dividend payout ratio (DPR) is 8,260.87%.

About Informa

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.