Equifax PT Raised to $80.00 at Barclays (EFX)
Equities researchers at Barclays increased their price objective on shares of Equifax (NYSE:EFX) from $75.00 to $80.00 in a research report issued on Friday, StockRatingsNetwork.com reports. The firm currently has an “overweight” rating on the stock. Barclays’ target price indicates a potential upside of 15.74% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Goldman Sachs Group Inc. downgraded shares of Equifax from a “buy” rating to a “neutral” rating in a research note to investors on Thursday. They now have a $66.00 price target on the stock. They noted that the move was a valuation call. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Equifax in a research note to investors on Wednesday, October 30th. They now have a $68.00 price target on the stock. Finally, analysts at Robert W. Baird upgraded shares of Equifax from a “neutral” rating to an “outperform” rating in a research note to investors on Friday, October 25th. They now have a $74.00 price target on the stock, up previously from $66.00. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $68.27.
Equifax (NYSE:EFX) last posted its quarterly earnings results on Thursday, October 24th. The company reported $0.90 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.89 by $0.01. The company had revenue of $572.00 million for the quarter, compared to the consensus estimate of $576.00 million. During the same quarter last year, the company posted $0.75 earnings per share. Equifax’s revenue was up 10.0% compared to the same quarter last year.
Equifax Inc is a provider of information solutions for businesses and consumers. The Company’s clients and customers include financial institutions, corporations, governments and individuals.
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