Informa (INF.L) 12-02-20
Will Informa (INF.L) shares break below the 772p support zone, or will it return to highs of 883p (+12%)?
- Currently trading around the 772p support at 782p (at time of writing).
- The support has proven robust to date. Will the pattern repeat?
- The price has tested this level repeatedly. Traders should be mindful of stop-loss placement.
- Will the share price bounce once again to recent highs of 883p? (+12%).
- Technical traders should be mindful of news and developments. Check our website and the press for updates.
- Shares -12% from 12-month highs; +11% from 12 month lows.
Latest News
31 Jan: Barclays Capital reiterates its overweight rating on Informa (INF) and increased the target price to 960p (from 920p).
28 Jan: UBS reiterates its buy rating on Informa (INF) and increased the target price to 950p (from 905p).
23 Jan: Stephen Carter, Chief Executive Officer, bought 210 shares within the firm on the 20th January 2020 at a price of 856.40p. This Director currently has 105,873 shares.
23 Jan: Gareth Wright, Financial Director, bought 210 shares within the firm on the 20th January 2020 at a price of 856.40p. This Director currently has 3,935 shares.
20 Jan: Goldman Sachs reiterates its sell rating on Informa (INF) and increased the target price to 769p (from 690p).
16 Jan: JP Morgan Cazenove reiterates its neutral rating on Informa (INF) and increased the target price to 873p (from 869p).
13 Jan: HSBC reiterates its buy rating on Informa (INF) and reduced the target price to 950p (from 970p).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires