Experian’s (EXPN) Outperform Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reissued their outperform rating on shares of Experian (LON:EXPN) in a research report sent to investors on Friday,Digital Look reports. They currently have a GBX 4,000 price objective on the stock.

Several other analysts also recently weighed in on the company. Jefferies Financial Group restated a “buy” rating and issued a GBX 4,600 price objective on shares of Experian in a report on Thursday, May 21st. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Experian from GBX 4,550 to GBX 4,000 and set a “buy” rating on the stock in a report on Thursday, May 21st. Stifel Nicolaus reissued a “buy” rating and set a GBX 4,400 target price on shares of Experian in a research report on Wednesday, May 20th. Finally, UBS Group restated a “buy” rating and issued a GBX 3,700 price target on shares of Experian in a report on Monday, May 18th. Six analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of GBX 4,087.33.

Experian Price Performance

Shares of EXPN stock opened at GBX 2,719 on Friday. Experian has a twelve month low of GBX 2,203 and a twelve month high of GBX 4,101. The company has a current ratio of 0.85, a quick ratio of 0.76 and a debt-to-equity ratio of 100.36. The stock has a fifty day simple moving average of GBX 2,601.94 and a two-hundred day simple moving average of GBX 2,727.88. The stock has a market capitalization of £24.12 billion, a price-to-earnings ratio of 16.64, a P/E/G ratio of 2.48 and a beta of 0.83.

Experian announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, July 1st that authorizes the company to buyback $0.00 in outstanding shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback plans are often a sign that the company’s management believes its shares are undervalued.

Insider Activity

In related news, insider Eduardo Vassimon acquired 5,650 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The stock was purchased at an average cost of GBX 2,673 per share, for a total transaction of £151,024.50. Also, insider Brian Cassin sold 63,864 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of GBX 2,624, for a total value of £1,675,791.36. In the last three months, insiders have purchased 87,031 shares of company stock worth $230,517,957. 0.67% of the stock is currently owned by company insiders.

About Experian

Experian is a global data and technology company, powering opportunities for people and businesses around the world. We help to redefine lending practices, uncover and prevent fraud, simplify healthcare, deliver digital marketing solutions, and gain deeper insights into the automotive market, all using our unique combination of data, analytics and platforms. We also assist millions of people to realise their financial goals and help them to save time and money.
We operate across a range of markets, from financial services to healthcare, automotive, agrifinance, insurance, and many more industry segments.
We invest in talented people and new advanced technologies to unlock the power of data and to innovate.