TransUnion (TRU) Price Target Raised to $75.00 at Barclays

TransUnion (NYSE:TRU) had its target price lifted by equities researchers at Barclays from $65.00 to $75.00 in a research note issued to investors on Monday. The firm currently has an “overweight” rating on the business services provider’s stock. Barclays’ price objective suggests a potential upside of 12.97% from the stock’s previous close.

Other analysts have also issued research reports about the company. Robert W. Baird reaffirmed a “buy” rating and issued a $62.00 price target on shares of TransUnion in a research note on Tuesday, January 9th. Zacks Investment Research raised TransUnion from a “hold” rating to a “buy” rating and set a $62.00 price target on the stock in a research note on Friday, January 5th. Bank of America raised TransUnion from a “neutral” rating to a “buy” rating in a research note on Thursday, January 18th. ValuEngine raised TransUnion from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $62.00 price target (up previously from $59.00) on shares of TransUnion in a research note on Wednesday, February 14th. Two research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $66.64.

Shares of TRU stock opened at $66.39 on Monday. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 1.29. The firm has a market capitalization of $12,271.82, a P/E ratio of 38.82, a P/E/G ratio of 3.19 and a beta of 0.74. TransUnion has a one year low of $38.63 and a one year high of $68.22.

TransUnion (NYSE:TRU) last announced its quarterly earnings results on Friday, April 20th. The business services provider reported $0.53 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.07. The business had revenue of $537.40 million for the quarter, compared to analyst estimates of $507.68 million. TransUnion had a return on equity of 21.98% and a net margin of 22.41%. TransUnion’s quarterly revenue was up 18.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.42 EPS. research analysts expect that TransUnion will post 2.1 earnings per share for the current fiscal year.

In other TransUnion news, EVP John T. Danaher sold 85,630 shares of TransUnion stock in a transaction on Friday, February 16th. The stock was sold at an average price of $58.34, for a total value of $4,995,654.20. Following the completion of the transaction, the executive vice president now owns 61,794 shares in the company, valued at approximately $3,605,061.96. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Timothy Elberfeld sold 1,450 shares of TransUnion stock in a transaction on Thursday, March 1st. The shares were sold at an average price of $56.92, for a total value of $82,534.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 174,345 shares of company stock valued at $10,156,056. Corporate insiders own 1.18% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the company. Atlantic Trust Group LLC raised its position in shares of TransUnion by 48.5% during the third quarter. Atlantic Trust Group LLC now owns 242,954 shares of the business services provider’s stock worth $11,482,000 after acquiring an additional 79,329 shares during the last quarter. DnB Asset Management AS bought a new stake in shares of TransUnion during the fourth quarter worth $687,000. Westpac Banking Corp bought a new stake in shares of TransUnion during the fourth quarter worth $545,000. Legal & General Group Plc raised its position in shares of TransUnion by 96.8% during the third quarter. Legal & General Group Plc now owns 64,043 shares of the business services provider’s stock worth $3,027,000 after acquiring an additional 31,499 shares during the last quarter. Finally, William Blair Investment Management LLC raised its position in shares of TransUnion by 4.6% during the fourth quarter. William Blair Investment Management LLC now owns 2,444,658 shares of the business services provider’s stock worth $134,358,000 after acquiring an additional 107,067 shares during the last quarter.

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About TransUnion

TransUnion is a risk and information solutions provider to businesses and consumers. The Company provides consumer reports, risk scores, analytical services and decision capabilities to businesses. The Company operates through three segments: U.S. Information Services (USIS), International and Consumer Interactive.

Analyst Recommendations for TransUnion (NYSE:TRU)

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