Euromoney Institutional Investor PLC (ERM) Receives “Buy” Rating from Investec

Investec restated their buy rating on shares of Euromoney Institutional Investor PLC (LON:ERM) in a research report released on Thursday morning.

Other equities research analysts have also issued research reports about the stock. Peel Hunt restated a buy rating and issued a GBX 1,330 ($17.17) price target on shares of Euromoney Institutional Investor PLC in a report on Thursday. Canaccord Genuity lifted their price objective on shares of Euromoney Institutional Investor PLC from GBX 1,120 ($14.46) to GBX 1,150 ($14.84) and gave the stock a hold rating in a research report on Friday, March 3rd. Finally, Numis Securities Ltd reaffirmed an add rating and issued a GBX 1,245 ($16.07) price objective on shares of Euromoney Institutional Investor PLC in a research report on Thursday, May 11th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of GBX 1,189.80 ($15.36).

Shares of Euromoney Institutional Investor PLC (LON:ERM) traded down 2.96% during midday trading on Thursday, reaching GBX 1180.00. 8,505 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is GBX 1,088.77 and its 200 day moving average price is GBX 1,091.15. The company’s market cap is GBX 1.49 billion. Euromoney Institutional Investor PLC has a 12-month low of GBX 797.61 and a 12-month high of GBX 1,240.00.

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The company also recently disclosed a dividend, which will be paid on Thursday, June 22nd. Stockholders of record on Thursday, May 25th will be given a GBX 8.80 ($0.11) dividend. This represents a dividend yield of 0.72%. The ex-dividend date is Thursday, May 25th.

About Euromoney Institutional Investor PLC

Euromoney Institutional Investor PLC is an investment holding company. The Company is a business-to-business media company, which is focused on the asset management, banking and commodities sectors. Its segments include Asset management; Pricing, data and market intelligence; Banking and finance, and Commodity events.

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