Peel Hunt Reiterates Buy Rating for Euromoney Institutional Investor PLC (ERM)

Euromoney Institutional Investor PLC (LON:ERM)‘s stock had its “buy” rating reaffirmed by equities researchers at Peel Hunt in a research note issued on Friday. They currently have a GBX 1,330 ($16.82) price objective on the stock. Peel Hunt’s target price suggests a potential upside of 17.91% from the company’s previous close.

Several other analysts have also recently issued reports on ERM. Numis Securities Ltd reiterated an “add” rating and set a GBX 1,245 ($15.75) target price on shares of Euromoney Institutional Investor PLC in a research report on Thursday, May 11th. Canaccord Genuity increased their target price on Euromoney Institutional Investor PLC from GBX 1,150 ($14.55) to GBX 1,250 ($15.81) and gave the stock a “hold” rating in a research report on Friday, May 19th. Finally, Investec reiterated a “buy” rating on shares of Euromoney Institutional Investor PLC in a research report on Thursday, May 18th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 1,189.80 ($15.05).

Analyst Recommendations for Euromoney Institutional Investor PLC (LON:ERM)

Euromoney Institutional Investor PLC (LON:ERM) opened at 1136.00 on Friday. The firm’s 50-day moving average price is GBX 1,120.63 and its 200-day moving average price is GBX 1,103.14. Euromoney Institutional Investor PLC has a 12-month low of GBX 797.61 and a 12-month high of GBX 1,240.00. The stock’s market cap is GBX 1.22 billion.

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

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Euromoney Institutional Investor PLC Company Profile

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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