Royal Bank Of Canada Reaffirms “Outperform” Rating for Experian (LON:EXPN)

Experian (LON:EXPN)‘s stock had its “outperform” rating restated by stock analysts at Royal Bank Of Canada in a research report issued on Friday,Digital Look reports. They currently have a GBX 4,000 price target on the stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 47.11% from the stock’s current price.

Other analysts have also issued research reports about the stock. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 4,600 price objective on shares of Experian in a research note on Thursday, May 21st. UBS Group reissued a “buy” rating and set a GBX 3,700 target price on shares of Experian in a research note on Monday, May 18th. Stifel Nicolaus restated a “buy” rating and issued a GBX 4,400 price target on shares of Experian in a report on Wednesday, May 20th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of 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. Six analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of GBX 4,087.33.

Experian Price Performance

Shares of EXPN opened at GBX 2,719 on Friday. Experian has a 52-week low of GBX 2,203 and a 52-week high of GBX 4,101. The company has a debt-to-equity ratio of 100.36, a quick ratio of 0.76 and a current ratio of 0.85. The business’s 50 day moving average price is GBX 2,601.94 and its two-hundred day moving average price is GBX 2,732.80. The firm has a market cap of £24.12 billion, a PE ratio of 16.64, a price-to-earnings-growth ratio of 2.48 and a beta of 0.83.

Experian declared that its Board of Directors has initiated a stock repurchase program on Wednesday, July 1st that permits the company to repurchase $0.00 in outstanding shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board believes its shares are undervalued.

Insider Buying and Selling at Experian

In other news, insider Lloyd Pitchford sold 39,462 shares of the company’s 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 Brian Cassin sold 63,864 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of GBX 2,624, for a total value of £1,675,791.36. Over the last quarter, insiders bought 87,031 shares of company stock valued at $230,517,957. 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.