Euromoney Institutional Investor PLC (LON:ERM) Receives “Buy” Rating from Peel Hunt

Euromoney Institutional Investor PLC (LON:ERM)‘s stock had its “buy” rating restated by analysts at Peel Hunt in a research report issued to clients and investors on Sunday, July 23rd, StockTargetPrices.com reports. They currently have a GBX 1,330 ($17.54) price target on the stock. Peel Hunt’s price objective would indicate a potential upside of 13.87% from the stock’s current price.

A number of other brokerages also recently weighed in on ERM. Canaccord Genuity upped their price objective on shares of Euromoney Institutional Investor PLC from GBX 1,150 ($15.17) to GBX 1,250 ($16.49) and gave the stock a “hold” rating in a research report on Friday, May 19th. Investec restated a “buy” rating on shares of Euromoney Institutional Investor PLC in a research report on Thursday, May 18th. Finally, Numis Securities Ltd restated an “add” rating and issued a GBX 1,245 ($16.42) price objective on shares of Euromoney Institutional Investor PLC in a research report on Friday, July 21st. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of GBX 1,209.80 ($15.96).

Shares of Euromoney Institutional Investor PLC (LON:ERM) opened at 1168.00 on Friday. The firm’s market cap is GBX 1.25 billion. The firm has a 50 day moving average of GBX 1,103.84 and a 200 day moving average of GBX 1,105.58. Euromoney Institutional Investor PLC has a 52 week low of GBX 944.00 and a 52 week high of GBX 1,240.00.

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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.