Share on StockTwits

Analysts at Deutsche Bank raised their target price on shares of Equifax (NYSE:EFX) from $64.00 to $68.00 in a research report issued to clients and investors on Tuesday, Stock Ratings reports. Deutsche Bank’s price objective would suggest a potential downside of 2.58% from the company’s current price.

Equifax (NYSE:EFX) opened at 69.80 on Tuesday. Equifax has a 1-year low of $52.79 and a 1-year high of $71.93. The stock has a 50-day moving average of $69.52 and a 200-day moving average of $65.02. The company has a market cap of $8.509 billion and a price-to-earnings ratio of 25.30.

Equifax (NYSE:EFX) last released its earnings data on Tuesday, February 11th. The company reported $0.91 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.91. The company had revenue of $578.50 million for the quarter, compared to the consensus estimate of $579.76 million. During the same quarter last year, the company posted $0.78 earnings per share. Equifax’s revenue was up 8.4% compared to the same quarter last year. On average, analysts predict that Equifax will post $3.91 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, March 14th. Shareholders of record on Tuesday, February 25th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.43%. The ex-dividend date of this dividend is Friday, February 21st. This is a positive change from Equifax’s previous quarterly dividend of $0.22.

Several other analysts have also recently commented on the stock. Analysts at Wells Fargo & Co. initiated coverage on shares of Equifax in a research note on Wednesday, February 12th. They set a “market perform” rating on the stock. Separately, analysts at Barclays raised their price target on shares of Equifax from $75.00 to $80.00 in a research note on Friday, January 17th. They now have an “overweight” rating on the stock. Finally, analysts at Goldman Sachs downgraded shares of Equifax from a “buy” rating to a “neutral” rating in a research note on Thursday, January 16th. They now have a $66.00 price target on the stock. They noted that the move was a valuation call. Five equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $68.82.

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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.