Experian plc (EXPN) Lowered to “Sell” at Deutsche Bank AG
Experian plc (LON:EXPN) was downgraded by investment analysts at Deutsche Bank AG to a “sell” rating in a research note issued on Friday. They presently have a GBX 1,460 ($18.99) price objective on the stock, down from their previous price objective of GBX 1,560 ($20.29). Deutsche Bank AG’s target price would suggest a potential downside of 11.03% from the stock’s previous close.
A number of other research analysts have also recently issued reports on EXPN. Jefferies Group LLC cut Experian plc to a “hold” rating and cut their price objective for the company from GBX 1,670 ($21.72) to GBX 1,550 ($20.16) in a report on Friday, May 19th. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 1,848 ($24.04) target price on shares of Experian plc in a research note on Friday, May 19th. Goldman Sachs Group Inc lowered their target price on Experian plc from GBX 1,850 ($24.07) to GBX 1,820 ($23.68) and set a “buy” rating for the company in a research note on Friday, May 19th. Shore Capital restated a “hold” rating on shares of Experian plc in a research note on Thursday, May 18th. Finally, Barclays PLC restated an “overweight” rating and issued a GBX 1,800 ($23.42) target price (up from GBX 1,750 ($22.77)) on shares of Experian plc in a research note on Tuesday, May 16th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 1,648.08 ($21.44).
Experian plc (LON:EXPN) traded down 0.30% during trading on Friday, hitting GBX 1641.00. 2,919,360 shares of the stock traded hands. The stock’s market cap is GBX 15.27 billion. The company has a 50-day moving average price of GBX 1,648.31 and a 200 day moving average price of GBX 1,577.17. Experian plc has a one year low of GBX 1,224.00 and a one year high of GBX 1,708.00.
The business also recently announced a dividend, which will be paid on Friday, July 21st. Stockholders of record on Thursday, June 22nd will be given a dividend of $0.29 per share. This is a positive change from Experian plc’s previous dividend of $0.13. This represents a dividend yield of 1.33%. The ex-dividend date of this dividend is Thursday, June 22nd.
In other news, insider Don Robert sold 158,622 shares of the business’s stock in a transaction dated Friday, May 19th. The stock was sold at an average price of GBX 1,626 ($21.15), for a total transaction of £2,579,193.72 ($3,355,266.97). Also, insider Lloyd Pitchford sold 6,454 shares of the business’s stock in a transaction dated Friday, March 10th. The stock was sold at an average price of GBX 1,627 ($21.17), for a total value of £105,006.58 ($136,602.81).
Experian plc Company Profile
Experian plc is an information services company. The Company brings together people, data, analytics and software to deliver a range of services for consumers and clients. The Company’s segments include Credit Services, Decision Analytics, Marketing Services and Consumer Services. The Company manages data that helps businesses and organizations to lend, and prevent fraud.
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