HSBC Lowers Experian (EXPN) Price Target to GBX 1,500

Experian (LON:EXPN) had its price target decreased by HSBC from GBX 1,700 ($22.21) to GBX 1,500 ($19.60) in a research note published on Wednesday. HSBC currently has a hold rating on the stock.

EXPN has been the topic of a number of other research reports. Shore Capital restated a buy rating on shares of Experian in a report on Friday, July 13th. UBS Group raised their price objective on Experian from GBX 2,000 ($26.13) to GBX 2,150 ($28.09) and gave the company a buy rating in a report on Monday, September 3rd. Citigroup raised their price objective on Experian from GBX 1,770 ($23.13) to GBX 2,140 ($27.96) and gave the company a buy rating in a report on Tuesday, July 17th. Credit Suisse Group restated an outperform rating on shares of Experian in a report on Thursday, August 23rd. Finally, Jefferies Financial Group raised their price objective on Experian from GBX 1,550 ($20.25) to GBX 1,720 ($22.47) and gave the company a hold rating in a report on Monday, August 6th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The company has an average rating of Buy and an average price target of GBX 1,881 ($24.58).

EXPN stock traded down GBX 4.50 ($0.06) during midday trading on Wednesday, reaching GBX 1,820.50 ($23.79). The stock had a trading volume of 1,524,689 shares, compared to its average volume of 1,870,000. Experian has a 52-week low of GBX 1,428 ($18.66) and a 52-week high of GBX 1,708 ($22.32).

In other news, insider Lloyd Pitchford sold 10,000 shares of Experian stock in a transaction on Thursday, August 16th. The stock was sold at an average price of GBX 1,904 ($24.88), for a total transaction of £190,400 ($248,791.32).

About Experian

Experian plc, together with its subsidiaries, operates as an information services company. The company offers credit services, such as holding, protecting, and managing data that help businesses and organizations to lend, as well as prevent frauds. Its credit services also holds information of people and businesses that have repaid credit in the past; and provides credit reports used by various businesses, such as banks, automotive dealers, healthcare providers, and retailers.

Featured Article: Short Selling

Analyst Recommendations for Experian (LON:EXPN)

Receive News & Ratings for Experian Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Experian and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply