Euromoney Institutional Investor PLC (LON:ERM) Rating Reiterated by Peel Hunt

Euromoney Institutional Investor PLC (LON:ERM)‘s stock had its “buy” rating reaffirmed by stock analysts at Peel Hunt in a research report issued on Monday, July 17th. They currently have a GBX 1,330 ($17.33) price objective on the stock. Peel Hunt’s price objective suggests a potential upside of 18.64% from the company’s previous close.

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A number of other brokerages have also commented on ERM. Canaccord Genuity increased their price target on Euromoney Institutional Investor PLC from GBX 1,150 ($14.98) to GBX 1,250 ($16.28) and gave the company a “hold” rating in a research note on Friday, May 19th. Investec reissued a “buy” rating on shares of Euromoney Institutional Investor PLC in a research note on Thursday, May 18th. Finally, Numis Securities Ltd reissued an “add” rating and set a GBX 1,245 ($16.22) price target on shares of Euromoney Institutional Investor PLC in a research note on Thursday, May 11th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 1,209.80 ($15.76).

Euromoney Institutional Investor PLC (LON ERM) opened at 1117.00 on Monday. Euromoney Institutional Investor PLC has a one year low of GBX 944.00 and a one year high of GBX 1,240.00. The stock’s market capitalization is GBX 1.20 billion. The company’s 50 day moving average price is GBX 1,105.50 and its 200-day moving average price is GBX 1,107.06.

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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.