Euromoney Institutional Investor PLC’s (LON:ERM) “Buy” Rating Reiterated at Peel Hunt

Euromoney Institutional Investor PLC (LON:ERM)‘s stock had its “buy” rating restated by stock analysts at Peel Hunt in a research note issued to investors on Monday, July 17th. They currently have a GBX 1,330 ($17.32) target price on the stock. Peel Hunt’s price objective indicates a potential upside of 15.95% from the stock’s previous close.

Several other analysts have also recently commented on the stock. Canaccord Genuity boosted their price target on shares of Euromoney Institutional Investor PLC from GBX 1,150 ($14.98) to GBX 1,250 ($16.28) and gave the stock a “hold” rating in a research note on Friday, May 19th. Investec reiterated a “buy” rating on shares of Euromoney Institutional Investor PLC in a research note on Thursday, May 18th. Finally, Numis Securities Ltd reiterated an “add” rating and issued a GBX 1,245 ($16.21) price target on shares of Euromoney Institutional Investor PLC in a research note on Thursday, May 11th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. Euromoney Institutional Investor PLC has a consensus rating of “Hold” and a consensus target price of GBX 1,209.80 ($15.75).

Shares of Euromoney Institutional Investor PLC (ERM) opened at 1136.00 on Monday. The firm’s 50-day moving average price is GBX 1,101.67 and its 200-day moving average price is GBX 1,104.95. The stock’s market cap is GBX 1.22 billion. Euromoney Institutional Investor PLC has a 52-week low of GBX 944.00 and a 52-week high of GBX 1,240.00.

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.