INF: Future Returns Will Be Driven By Compounding B2B Events Recovery

Analysts have nudged their price target for Informa higher, reflecting a modest uptick in estimated fair value to about $10.93 and a higher future P E multiple, even as they factor in slightly lower revenue growth and profit margin forecasts.

Analyst Commentary

Recent research updates point to a constructive stance on Informa, with price targets moving higher as analysts refine their views on the group’s recovery trajectory and earnings power.

Bullish Takeaways

• Bullish analysts interpret the higher price target as evidence that the market is still underappreciating Informa’s medium term growth profile, particularly as in person events normalize and high margin data assets scale.
• The maintained positive rating suggests confidence in management’s execution on cost discipline and portfolio simplification. This is expected to support margin resilience even if top line growth moderates.
• Valuation is seen as attractive relative to global information and events peers. The upgraded target is viewed as implying further upside if Informa delivers on earnings upgrades and cash generation targets.
• The increase in target price indicates that bullish analysts believe the company has room to expand its future P E multiple as visibility on recurring revenues and free cash flow improves.

Valuation Changes

• Fair Value has risen slightly from £10.91 to £10.93, indicating a modest uplift in estimated intrinsic value.
• Discount Rate has increased marginally from 7.18% to 7.28%, reflecting a slightly higher assumed cost of capital or risk profile.
• Revenue Growth expectations have eased slightly from 5.79% to 5.71%, pointing to a modestly softer top line outlook.
• Net Profit Margin has fallen moderately from 13.84% to 13.13%, suggesting a more conservative view on future profitability.
• Future P E has risen from 26.1x to 27.7x, implying a higher valuation multiple despite the more tempered growth and margin assumptions.