Equifax Receives Consensus Rating of “Buy” from Brokerages (NYSE:EFX)
Equifax (NYSE:EFX) has been given a consensus recommendation of “Buy” by the ten brokerages that are covering the stock, American Banking and Market News reports. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $71.88.
Equifax (NYSE:EFX) opened at 68.29 on Tuesday. 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 $69.33 and a 200-day moving average of $67.60. The company has a market cap of $8.334 billion and a price-to-earnings ratio of 24.05.
Equifax (NYSE:EFX) last announced its earnings results on Tuesday, February 11th. The company reported $0.91 earnings per share (EPS) for the quarter, meeting the 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 in the previous year, the company posted $0.78 earnings per share. The company’s revenue for the quarter was up 8.4% on a year-over-year basis. On average, analysts predict that Equifax will post $3.84 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on EFX shares. Analysts at Deutsche Bank upgraded shares of Equifax from a “hold” rating to a “buy” rating in a research note on Thursday, April 17th. They now have a $78.00 price target on the stock, up previously from $68.00. Separately, 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. Finally, 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.
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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