Peel Hunt: Time To Decrease Faith In Euromoney Institutional Investor PLC (LON:ERM)

Euromoney Institutional Investor PLC (LON:ERM) Downgrade

Euromoney Institutional Investor PLC (LON:ERM)’s stock was downgraded to a “Hold” by professional analysts at Peel Hunt, who have a PT of GBX 1050.00 on ERM. Peel Hunt’s target is -6.29% from ERM’s last price.

Out of 5 analysts covering Euromoney Institutional Investor (LON:ERM), 2 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 40% are positive. GBX 1215 is the highest target while GBX 818 is the lowest. The GBX 1024.80 average target is -6.67% below today’s (GBX 1098) stock price. Euromoney Institutional Investor has been the topic of 25 analyst reports since October 22, 2015 according to StockzIntelligence Inc. N+1 Singer maintained the stock on September 29 with “Sell” rating. Numis Securities maintained the shares of ERM in a report on July 21 with “Add” rating. Lastly, Canaccord Genuity maintained the stock with “Hold” rating in a January 28 report.

About 2,293 shares traded hands. Euromoney Institutional Investor PLC (LON:ERM) has risen 22.71% since February 29, 2016 and is uptrending. It has outperformed by 11.46% the S&P500.

Euromoney Institutional Investor PLC is a United Kingdom business-to-business media company, which is focused on the international finance, metals and commodities sectors. The company has a market cap of 1.41 billion GBP. The Company’s divisions include research and data; financial publishing; business publishing, and conferences, seminars and training. It has a 32.88 P/E ratio. Financial publishing and Business publishing consists primarily of advertising and subscription revenue.

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