Informa (INF.L) 19-02-20
Will the Informa (INF.L) share price break beneath the 773p support zone, or will we see a return to highs of 874p (+12%)?
- Currently trading close to the key 773p support at 776.2p (at time of writing).
- The support has proven reliable until now. Will the price rebound again?
- As always, traders should be mindful of stop-loss placement.
- Will the shares bounce again to recent highs at 874p? (+12%).
- Shares -13% from 12-month highs; +10% 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).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires