Experian (LON:EXPN) Stock Rating Lowered by Citigroup

Experian (LON:EXPN) was downgraded by investment analysts at Citigroup to a “buy” rating in a note issued to investors on Monday,Digital Look reports.

Several other equities analysts have also recently issued reports on the company. Deutsche Bank Aktiengesellschaft decreased their price target on Experian from GBX 4,550 to GBX 4,000 and set a “buy” rating on the stock in a report on Thursday, May 21st. Jefferies Financial Group reissued a “buy” rating and set a GBX 4,600 price objective 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 target price on shares of Experian in a research note on Friday, July 17th. Finally, Stifel Nicolaus reiterated a “buy” rating and set a GBX 4,400 price target on shares of Experian in a research report on Wednesday, May 20th. Six analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of GBX 4,087.33.

Experian Stock Down 1.9%

Shares of EXPN opened at GBX 2,710.73 on Monday. The business’s fifty day moving average price is GBX 2,605.61 and its two-hundred day moving average price is GBX 2,718.79. The firm has a market capitalization of £24.05 billion, a price-to-earnings ratio of 16.59, a PEG 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 4,092.47. The company has a debt-to-equity ratio of 100.36, a quick ratio of 0.76 and a current ratio of 0.85.

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

Insider Activity

In related news, insider Lloyd Pitchford sold 39,462 shares of the firm’s stock in a transaction 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 firm’s stock in a transaction 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. Insiders bought 87,031 shares of company stock valued at $230,517,957 in the last quarter. Company insiders own 0.67% of the company’s stock.

About Experian

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.