Experian Price Target Cut to GBX 858 by Analysts at Canaccord Genuity (EXPN)
Canaccord Genuity lowered their price objective on shares of Experian (LON:EXPN) from GBX 905 ($14.91) to GBX 858 ($14.14) in a research note issued on Thursday, Analyst RN reports. The firm currently has a “sell” rating on the stock. Canaccord Genuity’s price objective suggests a potential downside of 25.39% from the company’s current price.
Shares of Experian (LON:EXPN) traded down 0.78% during mid-day trading on Thursday, hitting GBX 1141.00. 2,930,919 shares of the company’s stock traded hands. Experian has a one year low of GBX 1038.00 and a one year high of GBX 1290.00. The stock’s 50-day moving average is GBX 1106. and its 200-day moving average is GBX 1172.. The company’s market cap is £11.175 billion.
A number of other analysts have also recently weighed in on EXPN. Analysts at Jefferies Group reiterated a “hold” rating on shares of Experian in a research note to investors on Thursday. They now have a GBX 1,090 ($17.96) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Experian in a research note to investors on Thursday. They now have a GBX 1,300 ($21.42) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Experian in a research note to investors on Monday. They now have a GBX 1,347 ($22.20) price target on the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and twelve have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of GBX 1,262.20 ($20.80).
Experian plc is a provider of global information services. The Company provides data and analytical tools to organizations in North America, Latin America, the United Kingdom and Ireland, Europe, the Middle East and Africa (LON:EXPN) and Asia Pacific.
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