Experian plc (LON:EXPN) Stock Has Average Target Price of GBX 4,087.33

Experian plc (LON:EXPN) has received an average rating of “Buy” from the six ratings firms that are currently covering the firm, MarketBeat Ratings reports. Six research analysts have rated the stock with a buy rating. The average twelve-month price objective among brokerages that have covered the stock in the last year is GBX 4,087.33.

A number of brokerages have recently issued reports on EXPN. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 4,000 price objective on shares of Experian in a research note on Friday, July 17th. Citigroup cut shares of Experian to a “buy” rating in a research report on Monday, July 20th.

Experian Price Performance

Shares of EXPN stock traded up GBX 3 during trading hours on Friday, hitting GBX 2,858. 1,947,346 shares of the company’s stock were exchanged, compared to its average volume of 26,596,389. The company has a market capitalization of £25.10 billion, a PE ratio of 17.49, a PEG ratio of 2.48 and a beta of 0.90. Experian has a 12-month low of GBX 2,203 and a 12-month high of GBX 3,707. The business’s 50 day simple moving average is GBX 2,775.75 and its 200-day simple moving average is GBX 2,702.82. The company has a current ratio of 0.85, a quick ratio of 0.76 and a debt-to-equity ratio of 100.36.

Experian announced that its board has initiated a stock repurchase plan on Wednesday, July 1st that allows the company to repurchase $0.00 in shares. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s management believes its stock is undervalued.

Experian Company Profile

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.