Equifax (NYSE:EFX) had its target price hoisted by equities research analysts at Royal Bank of Canada from $113.00 to $114.00 in a research note issued to investors on Monday, November 13th, Marketbeat reports. The firm currently has a “sector perform” rating on the credit services provider’s stock. Royal Bank of Canada’s price objective points to a potential downside of 3.32% from the stock’s current price.
A number of other research firms have also commented on EFX. Stifel Nicolaus reaffirmed a “buy” rating and issued a $149.00 price target on shares of Equifax in a report on Tuesday, September 26th. SunTrust Banks reaffirmed a “buy” rating and issued a $110.00 price target on shares of Equifax in a report on Tuesday, September 26th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Equifax in a report on Tuesday, October 3rd. Evercore ISI reaffirmed an “outperform” rating and issued a $110.00 price target on shares of Equifax in a report on Tuesday, September 26th. Finally, Stephens reaffirmed an “equal weight” rating and issued a $110.00 price target on shares of Equifax in a report on Wednesday, October 4th. Nine analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $128.93.
Shares of Equifax (NYSE:EFX) traded down $1.81 during midday trading on Monday, reaching $117.92. The company’s stock had a trading volume of 802,200 shares, compared to its average volume of 1,055,133. Equifax has a 1-year low of $89.59 and a 1-year high of $147.02. The company has a market capitalization of $14,159.72, a price-to-earnings ratio of 26.68, a price-to-earnings-growth ratio of 1.99 and a beta of 0.94. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.64.
Several hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of Equifax by 3.2% in the second quarter. Vanguard Group Inc. now owns 11,801,839 shares of the credit services provider’s stock worth $1,621,809,000 after buying an additional 368,255 shares in the last quarter. BlackRock Inc. raised its position in shares of Equifax by 7.0% in the second quarter. BlackRock Inc. now owns 9,933,776 shares of the credit services provider’s stock worth $1,365,099,000 after buying an additional 653,096 shares in the last quarter. FMR LLC raised its position in Equifax by 5.8% during the second quarter. FMR LLC now owns 6,046,517 shares of the credit services provider’s stock valued at $830,912,000 after purchasing an additional 329,481 shares in the last quarter. Capital International Investors purchased a new stake in Equifax during the third quarter valued at about $513,940,000. Finally, Janus Henderson Group PLC raised its position in Equifax by 11,042.5% during the second quarter. Janus Henderson Group PLC now owns 1,729,992 shares of the credit services provider’s stock valued at $237,735,000 after purchasing an additional 1,714,466 shares in the last quarter. Institutional investors own 95.23% of the company’s stock.
About Equifax
Equifax Inc is a global provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates in four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Global Consumer Solutions. Its products and services are based on databases of consumer and business information derived from various sources, including credit, financial assets, telecommunications and utility payments, employment, income, demographic and marketing data.
