Informa plc (INF) To Go Ex-Dividend on August 8th

Informa plc (LON:INF) declared a dividend on Wednesday, July 24th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 8th will be given a dividend of GBX 6.40 ($0.08) per share on Friday, September 20th. This represents a yield of 0.76%. The ex-dividend date of this dividend is Thursday, August 8th. The official announcement can be viewed at this link.

Informa Trading Down 1.3 %

Shares of INF stock opened at GBX 806 ($10.30) on Tuesday. Informa has a fifty-two week low of GBX 684 ($8.74) and a fifty-two week high of GBX 886 ($11.32). The stock’s fifty day moving average price is GBX 850.85 and its two-hundred day moving average price is GBX 825.19. The company has a debt-to-equity ratio of 25.84, a quick ratio of 1.70 and a current ratio of 0.59. The company has a market cap of £10.88 billion, a PE ratio of 2,721.33, a P/E/G ratio of 0.75 and a beta of 1.10.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Citigroup reissued a “buy” rating on shares of Informa in a research note on Thursday, July 4th. Berenberg Bank boosted their price objective on Informa from GBX 975 ($12.46) to GBX 1,010 ($12.91) and gave the stock a “buy” rating in a research report on Friday, June 28th. Finally, Shore Capital reiterated a “buy” rating on shares of Informa in a research report on Wednesday, July 24th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 875.40 ($11.19).

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.