MARKET TALK: Royal Bank of Scotland Ups Informa Target Price

28th Jul 2010 11:43

1043 GMT [Dow Jones] Royal Bank of Scotland raises Informa (INF.LN) target price to 470p from 450p. Says Informa's 1H result demonstrated a turning of the cycle; "both operationally (growth is about to turn positive) and from a capital allocation perspective (the dividend was upped by 25%)." RBS raises its full year EPS forecast by 5% to 34.7p. Has a buy rating, noting "Informa remains our favorite late-cycle play in the sector." Shares -0.1% at 394p. ([email protected]) Contact us in London. +44-20-7842-9464 [email protected] (END) Dow Jones Newswires July 28, 2010 06:43 ET (10:43 GMT)