FTSE 350 (NMX)

LONDON (ShareCast) - (Sharecast News) - Citi lifted its price target on Informa on Wednesday to 1,090p from 990p and reiterated its 'buy' rating as it said its positive view is underpinned by resilient growth in B2B live events, strong revenue visibility, and exposure to structural growth.
"The stock is positioned to outperform as investor attention shifts to the attractive FY27E growth profile, where consensus forecasts 15% adjusted EPS growth," the bank said.

"Trading at 13.5x FY27E price-to-earnings, the valuation remains compelling."

Citi said that while the EMEA portfolio is likely to see some disruption to the remaining events in FY26, the issue is likely to be transient and it is minded to look through it.

At 1120 BST, the shares were up 0.8% at 909.40p.