Equifax Stock Rating Upgraded by Deutsche Bank (EFX)
Equifax (NYSE:EFX) was upgraded by research analysts at Deutsche Bank from a “hold” rating to a “buy” rating in a report released on Thursday, Analyst Ratings Net reports. The firm currently has a $78.00 target price on the stock, up from their previous target price of $68.00. Deutsche Bank’s price target would suggest a potential upside of 17.93% from the stock’s previous close.
A number of other firms have also recently commented on EFX. Analysts at Raymond James upgraded shares of Equifax from a “market perform” rating to an “outperform” rating in a research note on Tuesday, March 4th. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Equifax in a research note on Tuesday, February 18th. They now have a $73.00 price target on the stock. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $71.88.
Shares of Equifax (NYSE:EFX) opened at 67.50 on Thursday. Equifax has a 52-week low of $57.54 and a 52-week high of $72.90. The stock has a 50-day moving average of $69.44 and a 200-day moving average of $67.36. The company has a market cap of $8.238 billion and a price-to-earnings ratio of 23.30.
Equifax (NYSE:EFX) last posted its quarterly earnings results 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. Analysts expect that Equifax will post $3.84 EPS for the current fiscal 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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