Experian plc (LON:EXPN) Stock Now Rated “Buy” by Wall Street Brokerages

Experian plc (LON:EXPN) has been assigned a consensus recommendation of “Buy” from the six research firms that are currently covering the stock, MarketBeat Ratings reports. Six analysts have rated the stock with a buy recommendation. The average 1 year price target among brokers that have issued ratings on the stock in the last year is GBX 4,087.33.

Several brokerages have commented on EXPN. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 4,000 target price on shares of Experian in a report on Friday, July 17th. Citigroup downgraded shares of Experian to a “buy” rating in a research report on Monday, July 20th.

Experian Price Performance

Shares of Experian stock opened at GBX 3,085.61 on Friday. Experian has a 52 week low of GBX 2,203 and a 52 week high of GBX 3,707. The company has a current ratio of 0.85, a quick ratio of 0.76 and a debt-to-equity ratio of 100.36. The stock has a market cap of £27.10 billion, a PE ratio of 18.88, a price-to-earnings-growth ratio of 2.48 and a beta of 0.90. The company’s 50-day moving average price is GBX 2,785.01 and its two-hundred day moving average price is GBX 2,715.74.

Experian announced that its Board of Directors has initiated a share repurchase program on Wednesday, July 1st that authorizes the company to repurchase $0.00 in outstanding shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Share buyback programs are typically a sign that the company’s management believes its shares are undervalued.

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.