Informa (INF.L) 23-10-19
Informa (INF.L) has fallen significantly from the highs of 892p. Will the trend carry, or is this the chance to catch a bargain?
- Currently at 763p (at time of writing). A rally to the recent highs would be an increase of 16%.
- Informa (INF.L) is one of the biggest fallers in the period.
- Should this trend be respected, or are we about to see a big bounce?
- The market will over-react to bad news. Is it is down for good reason, or is this an over-reaction?
- Investors seeking a bargain should be mindful of underlying performance. Check our website and the company’s website for information on the stock.
- Shares -14% from 12-month highs; +25% from 12 month lows.
Latest News
30 Jul: Citigroup has downgraded its rating on Informa (INF) to neutral (from buy).
29 Jul: Peel Hunt has downgraded its rating on Informa (INF) to hold (from add) and increased the target price to 875p (from 840p).
26 Jul: Berenberg has downgraded its rating on Informa (INF) to hold (from buy) and increased the target price to 890p (from 850p).
26 Jul: Deutsche Bank reiterates its buy rating on Informa (INF) and increased the target price to 1050p (from 930p).
25 Jul: Barclays Capital reiterates its overweight rating on Informa (INF) and increased the target price to 980p (from 850p).
09 Jul: Goldman Sachs reiterates its neutral rating on Informa (INF) and increased the target price to 857p (from 819p).
19 Jun: UBS reiterates its buy rating on Informa (INF) and increased the target price to 900p (from 885p).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires