Equifax (NYSE:EFX) was downgraded by equities research analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating in a report issued on Monday, November 13th, MarketBeat.com reports. They currently have a $115.00 price target on the credit services provider’s stock, down from their previous price target of $149.00. Stifel Nicolaus’ price target indicates a potential downside of 2.48% from the stock’s previous close.
Other research analysts have also recently issued research reports about the stock. SunTrust Banks lifted their price objective on shares of Equifax from $110.00 to $155.00 in a report on Friday, September 15th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Equifax in a report on Friday, September 8th. Royal Bank of Canada reaffirmed a “buy” rating on shares of Equifax in a report on Wednesday, August 9th. Cowen reaffirmed a “buy” rating and issued a $151.00 price objective on shares of Equifax in a report on Friday, July 28th. Finally, Deutsche Bank reaffirmed a “buy” rating and issued a $160.00 price objective (up previously from $140.00) on shares of Equifax in a report on Thursday, July 27th. Nine investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Equifax has an average rating of “Hold” and a consensus price target of $128.93.
Equifax (EFX) traded down $1.81 on Monday, reaching $117.92. 802,200 shares of the company’s stock were exchanged, compared to its average volume of 1,055,133. Equifax has a one year low of $89.59 and a one year high of $147.02. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.64. The stock has a market capitalization of $14,159.72, a PE ratio of 26.68, a price-to-earnings-growth ratio of 1.99 and a beta of 0.94.
Hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. increased its stake in shares of Equifax by 7.0% during the second quarter. BlackRock Inc. now owns 9,933,776 shares of the credit services provider’s stock worth $1,365,099,000 after purchasing an additional 653,096 shares in the last quarter. Teachers Advisors LLC boosted its position in Equifax by 18.5% during the second quarter. Teachers Advisors LLC now owns 480,790 shares of the credit services provider’s stock worth $66,070,000 after acquiring an additional 75,144 shares during the last quarter. Swiss National Bank boosted its position in Equifax by 3.2% during the second quarter. Swiss National Bank now owns 437,845 shares of the credit services provider’s stock worth $60,169,000 after acquiring an additional 13,500 shares during the last quarter. Airain ltd boosted its position in Equifax by 166.0% during the second quarter. Airain ltd now owns 12,161 shares of the credit services provider’s stock worth $1,671,000 after acquiring an additional 7,590 shares during the last quarter. Finally, Burgundy Asset Management Ltd. boosted its position in Equifax by 0.7% during the second quarter. Burgundy Asset Management Ltd. now owns 1,683,442 shares of the credit services provider’s stock worth $231,339,000 after acquiring an additional 11,216 shares during the last quarter. 95.23% of the stock is owned by institutional investors and hedge funds.
Equifax Company Profile
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.
