Citigroup Reiterates Neutral Rating for Euromoney Institutional Investor (LON:ERM)

Citigroup restated their neutral rating on shares of Euromoney Institutional Investor (LON:ERM) in a research note released on Tuesday, November 21st.

ERM has been the topic of a number of other research reports. Numis Securities reaffirmed a buy rating and set a GBX 1,450 ($19.52) price objective on shares of Euromoney Institutional Investor in a report on Monday, October 23rd. Peel Hunt reaffirmed a buy rating and set a GBX 1,330 ($17.90) price objective on shares of Euromoney Institutional Investor in a report on Monday, October 30th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of Buy and a consensus target price of GBX 1,287 ($17.32).

Shares of Euromoney Institutional Investor (LON ERM) traded down GBX 1 ($0.01) during mid-day trading on Tuesday, hitting GBX 1,141 ($15.36). 11,765 shares of the stock were exchanged, compared to its average volume of 83,200. Euromoney Institutional Investor has a 52-week low of GBX 975 ($13.12) and a 52-week high of GBX 1,216 ($16.37).

The company also recently announced a dividend, which will be paid on Thursday, February 15th. Shareholders of record on Thursday, November 30th will be issued a GBX 21.80 ($0.29) dividend. This is a positive change from Euromoney Institutional Investor’s previous dividend of $8.80. The ex-dividend date is Thursday, November 30th. This represents a yield of 1.89%.

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About Euromoney Institutional Investor

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.

Analyst Recommendations for Euromoney Institutional Investor (LON:ERM)

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