Brokerages Set Experian plc (LON:EXPN) PT at GBX 4,087.33

Shares of Experian plc (LON:EXPN) have received a consensus recommendation of “Buy” from the six brokerages that are presently covering the company, MarketBeat reports. Six investment analysts have rated the stock with a buy rating. The average 12-month target price among brokerages that have issued a report on the stock in the last year is GBX 4,087.33.

EXPN has been the topic of several recent research reports. Stifel Nicolaus reaffirmed a “buy” rating and issued a GBX 4,400 price objective on shares of Experian in a report on Wednesday, May 20th. Jefferies Financial Group reissued a “buy” rating and set a GBX 4,600 target price on shares of Experian in a report on Thursday, May 21st. UBS Group restated a “buy” rating and set a GBX 3,700 target price on shares of Experian in a research report on Monday, May 18th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 4,000 price target on shares of Experian in a report on Thursday, May 21st. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on Experian from GBX 4,550 to GBX 4,000 and set a “buy” rating for the company in a research note on Thursday, May 21st.

Experian Price Performance

Shares of LON EXPN opened at GBX 2,709 on Thursday. The business’s 50 day moving average price is GBX 2,600.28 and its 200 day moving average price is GBX 2,737.91. The firm has a market cap of £24.03 billion, a P/E ratio of 16.58, a P/E/G ratio of 2.48 and a beta of 0.83. Experian has a 52 week low of GBX 2,203 and a 52 week high of GBX 4,101. The company has a quick ratio of 0.76, a current ratio of 0.85 and a debt-to-equity ratio of 100.36.

Experian announced that its board has approved a stock repurchase program on Wednesday, July 1st that authorizes the company to buyback $0.00 in outstanding shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Insider Buying and Selling

In related news, insider Lloyd Pitchford sold 39,462 shares of Experian stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of GBX 2,621, for a total transaction of £1,034,299.02. Also, insider Eduardo Vassimon purchased 5,650 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was bought at an average cost of GBX 2,673 per share, with a total value of £151,024.50. Insiders have purchased a total of 87,031 shares of company stock valued at $230,517,957 over the last ninety days. Company insiders own 0.67% of the company’s stock.

Experian Company Profile

Experian is a global data and technology company, powering opportunities for people and businesses around the world. We help to redefine lending practices, uncover and prevent fraud, simplify healthcare, deliver digital marketing solutions, and gain deeper insights into the automotive market, all using our unique combination of data, analytics and platforms. We also assist millions of people to realise their financial goals and help them to save time and money.
We operate across a range of markets, from financial services to healthcare, automotive, agrifinance, insurance, and many more industry segments.
We invest in talented people and new advanced technologies to unlock the power of data and to innovate.