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Informa PLC Expands Luxury Portfolio with Art Monte-Carlo Addition

Story Highlights
  • Informa adds Art Monte-Carlo to its luxury portfolio, enhancing Monaco ties.
  • The acquisition boosts Informa’s luxury market presence and supports Art Monte-Carlo’s growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Informa PLC Expands Luxury Portfolio with Art Monte-Carlo Addition

Elevate Your Investing Strategy:

Informa ( (GB:INF) ) has shared an announcement.

Informa PLC has announced the addition of Art Monte-Carlo to its Informa Prestige portfolio, further strengthening its partnership with Monaco. This move enhances Informa’s presence in the luxury market, leveraging its existing international art market connections and expanding its reach in adjacent sectors such as Aviation, Yachting, and Technology. The acquisition is expected to support Art Monte-Carlo’s growth and innovation by utilizing Informa’s extensive resources and international platform.

The most recent analyst rating on (GB:INF) stock is a Buy with a £10.10 price target. To see the full list of analyst forecasts on Informa stock, see the GB:INF Stock Forecast page.

Spark’s Take on GB:INF Stock

According to Spark, TipRanks’ AI Analyst, GB:INF is a Outperform.

The stock’s overall score is driven by solid financial performance and positive earnings call sentiment. The technical indicators support a bullish outlook, although valuation concerns due to a high P/E ratio affect the score. The share buyback program adds further positive sentiment.

To see Spark’s full report on GB:INF stock, click here.

More about Informa

Informa PLC is a leading international group specializing in events, digital services, and academic research. It operates within the Luxury and Lifestyle market through its Informa Prestige portfolio, which includes a collection of B2B brands. The company has a significant presence in the Health & Nutrition market through its Natural Products portfolio.

Average Trading Volume: 5,193,520

Technical Sentiment Signal: Strong Buy

Current Market Cap: £10.47B

Learn more about INF stock on TipRanks’ Stock Analysis page.

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