JPMorgan Chase & Co. Trims Experian (LON:EXPN) Target Price to GBX 3,800

Experian (LON:EXPN – Get Rating) had its price objective lowered by JPMorgan Chase & Co. from GBX 4,000 ($49.31) to GBX 3,800 ($46.84) in a report published on Thursday morning, Marketbeat Ratings reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

EXPN has been the subject of a number of other reports. Royal Bank of Canada upgraded Experian to a sector perform rating and boosted their price target for the company from GBX 2,500 ($30.82) to GBX 2,850 ($35.13) in a report on Thursday, January 27th. Shore Capital restated a buy rating on shares of Experian in a research report on Monday, May 16th. Morgan Stanley reaffirmed an equal weight rating on shares of Experian in a research report on Wednesday, May 11th. Citigroup cut Experian to a neutral rating and set a GBX 3,146 ($38.78) price target on the stock. in a research report on Wednesday, March 30th. Finally, Deutsche Bank Aktiengesellschaft reiterated a hold rating and issued a GBX 3,300 ($40.68) target price on shares of Experian in a research note on Thursday. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Experian presently has a consensus rating of Hold and an average target price of GBX 3,316 ($40.88).

Shares of LON EXPN opened at GBX 2,553 ($31.47) on Thursday. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 136.79. The stock’s 50 day moving average price is GBX 2,814.60 and its two-hundred day moving average price is GBX 3,090.86. Experian has a 52-week low of GBX 2,436 ($30.03) and a 52-week high of GBX 3,689 ($45.48). The stock has a market capitalization of £23.54 billion and a P/E ratio of 29.41.

The firm also recently declared a dividend, which will be paid on Friday, July 22nd. Shareholders of record on Thursday, June 23rd will be given a dividend of $0.36 per share. This represents a yield of 1.07%. The ex-dividend date of this dividend is Thursday, June 23rd. This is a positive change from Experian’s previous dividend of $0.16. Experian’s payout ratio is 0.54%.

About Experian (Get Rating)

Experian plc, together with its subsidiaries, operates as a technology company. The company operates through two segments, Business-to-Business and Consumer Services. It provides data services to identify and understand their customers, as well as to manage the risks related with lending. The company also offers analytical and decision tools that enhance businesses to manage their customers, minimize the risk of fraud, comply with legal requirements, and automate decisions and processes.

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