Informa’s Growth Potential Outweighs Challenges: A Compelling Buy Opportunity

Morgan Stanley analyst George Webb maintained a Buy rating on Informa (INF – Research Report) today and set a price target of p900.00.

George Webb has given his Buy rating due to a combination of factors that highlight Informa’s potential for growth despite some challenges. The company has confirmed its 2024 results and, although it has slightly lowered its 2025 outlook, the expectation for adjusted EBITDA remains positive. This is supported by successful synergy integrations and the absence of one-off costs that affected the previous year.
Despite the minor headwinds from Informa TechTarget’s revised revenue growth, which is a small part of the overall business, the impact on the group’s financials is minimal. Informa’s conservative approach to guidance and its current low valuation suggest that the market may have already priced in potential downturns. Moreover, the improving sales pipeline and cost synergies further bolster the confidence in Informa’s ability to navigate through economic uncertainties, making it a compelling buy opportunity.