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

Euromoney Institutional Investor PLC (LON:ERM)‘s stock had its “buy” rating reissued by analysts at Peel Hunt in a report issued on Monday, July 17th. They currently have a GBX 1,330 ($17.27) price target on the stock. Peel Hunt’s target price indicates a potential upside of 19.50% from the stock’s previous close.

ERM has been the topic of a number of other research reports. Numis Securities Ltd reaffirmed an “add” rating and set a GBX 1,245 ($16.16) target price on shares of Euromoney Institutional Investor PLC in a report on Thursday, May 11th. Investec reaffirmed a “buy” rating on shares of Euromoney Institutional Investor PLC in a report on Thursday, May 18th. Finally, Canaccord Genuity upped their target price on shares of Euromoney Institutional Investor PLC from GBX 1,150 ($14.93) to GBX 1,250 ($16.23) and gave the stock a “hold” rating in a report on Friday, May 19th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. Euromoney Institutional Investor PLC presently has an average rating of “Hold” and an average target price of GBX 1,209.80 ($15.71).

Euromoney Institutional Investor PLC (LON:ERM) traded down 0.99% during midday trading on Monday, hitting GBX 1102.00. The stock had a trading volume of 7,395 shares. 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 50-day moving average is GBX 1,099.61 and its 200-day moving average is GBX 1,104.03. The company’s market cap is GBX 1.18 billion.

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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.