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

Experian (LON:EXPN)‘s stock had its “outperform” rating reissued by research analysts at Royal Bank Of Canada in a report issued on Thursday,Digital Look reports. They presently have a GBX 4,000 price target on the stock. Royal Bank Of Canada’s price target indicates a potential upside of 51.40% from the stock’s current price.

A number of other research analysts have also recently commented on EXPN. Stifel Nicolaus reiterated a “buy” rating and issued a GBX 4,400 price target on shares of Experian in a research note on Wednesday. Citigroup dropped their price objective on shares of Experian from GBX 3,907 to GBX 3,824 and set a “buy” rating for the company in a report on Monday, January 26th. Finally, UBS Group reiterated a “buy” rating and issued a GBX 3,700 price objective on shares of Experian in a report on Monday. Six analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of GBX 4,104.80.

Experian Stock Up 0.5%

Shares of EXPN opened at GBX 2,642 on Thursday. Experian has a 52 week low of GBX 2,353 and a 52 week high of GBX 4,101. The stock has a market capitalization of £23.69 billion, a price-to-earnings ratio of 17.85, a PEG ratio of 2.48 and a beta of 0.82. The company has a debt-to-equity ratio of 77.42, a quick ratio of 0.76 and a current ratio of 0.68. The stock has a fifty day moving average of GBX 2,676.67 and a 200-day moving average of GBX 2,956.17.

Key Stories Impacting Experian

Here are the key news stories impacting Experian this week:

• Positive Sentiment: Experian reported record annual results, with earnings climbing and management announcing a new US$1 billion share buyback programme, which usually supports shareholder returns. Experian delivers record annual results and unveils new US$1bn share buyback programme as earnings climb (EXPN)
• Positive Sentiment: The company also forecast continued annual organic revenue growth, suggesting underlying business momentum remains intact. Experian launches $1 billion buyback, forecasts annual organic revenue growth
• Positive Sentiment: Broker sentiment remained supportive, with Stifel Nicolaus reaffirming a Buy rating and lifting its price target to GBX 4,400. Digital Look / London Stock Exchange broker views
• Neutral Sentiment: Market commentary noted that Experian’s shares were weak even after the results, indicating traders may be taking profits or questioning how much upside is already priced in. Experian shares fall despite $1bn buyback and record earnings
• Negative Sentiment: Despite the strong update, the stock underperformed the FTSE, suggesting the market was disappointed by the lack of a stronger re-rating catalyst. Experian slips to foot of the FTSE despite record results and new share buyback

Experian Company Profile

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 software. 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.