Equifax (EFX) Receives New Coverage from Analysts at Exane BNP Paribas
Exane BNP Paribas initiated coverage on shares of Equifax (NYSE:EFX) in a research report sent to investors on Friday, The Fly reports. The brokerage issued a neutral rating and a $106.00 target price on the credit services provider’s stock.
Other research analysts have also recently issued research reports about the stock. TD Securities reissued an average rating on shares of Equifax in a report on Monday, January 7th. Zacks Investment Research raised shares of Equifax from a sell rating to a hold rating in a report on Friday, February 22nd. Robert W. Baird reissued a buy rating and set a $119.00 target price on shares of Equifax in a report on Friday, February 22nd. Deutsche Bank reduced their target price on shares of Equifax from $128.00 to $110.00 and set a buy rating for the company in a report on Monday, January 14th. Finally, Morgan Stanley reduced their target price on shares of Equifax from $115.00 to $104.00 and set an equal weight rating for the company in a report on Tuesday, January 8th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of $119.45.
Shares of Equifax stock opened at $111.02 on Friday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.09 and a quick ratio of 1.09. Equifax has a 1 year low of $88.68 and a 1 year high of $138.69. The firm has a market cap of $13.40 billion, a P/E ratio of 19.17, a price-to-earnings-growth ratio of 2.30 and a beta of 1.23.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Shareholders of record on Tuesday, March 12th will be issued a $0.39 dividend. The ex-dividend date is Monday, March 11th. This represents a $1.56 dividend on an annualized basis and a yield of 1.41%. Equifax’s payout ratio is 26.94%.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Oppenheimer Asset Management Inc. purchased a new position in Equifax in the fourth quarter valued at $34,000. Exane Asset Management purchased a new position in Equifax in the fourth quarter valued at $41,000. Doyle Wealth Management purchased a new position in Equifax in the fourth quarter valued at $53,000. Rational Advisors LLC increased its holdings in Equifax by 1,172.7% in the fourth quarter. Rational Advisors LLC now owns 700 shares of the credit services provider’s stock valued at $65,000 after buying an additional 645 shares in the last quarter. Finally, Ropes Wealth Advisors LLC purchased a new position in Equifax in the fourth quarter valued at $70,000. 93.39% of the stock is owned by institutional investors.
Equifax Inc provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers. The company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions, and Global Consumer Solutions. The USIS segment offers consumer and commercial information services, such as credit information and credit scoring, credit modeling and portfolio analytics, locate, fraud detection and prevention, identity verification, and other consulting; mortgage loan origination information; financial marketing; and identity management services.
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