Morgan Stanley Analysts Give Equifax (EFX) a $126.00 Price Target

Morgan Stanley set a $126.00 target price on Equifax (NYSE:EFX) in a report released on Monday morning. The brokerage currently has a hold rating on the credit services provider’s stock.

Other equities analysts have also recently issued reports about the company. ValuEngine raised Equifax from a hold rating to a buy rating in a report on Tuesday, September 11th. Zacks Investment Research upgraded Equifax from a sell rating to a hold rating in a research note on Friday, July 20th. Wells Fargo & Co lifted their price target on Equifax from $140.00 to $145.00 and gave the company an outperform rating in a research note on Monday, October 1st. Finally, JPMorgan Chase & Co. lifted their price target on Equifax from $135.00 to $150.00 and gave the company an overweight rating in a research note on Friday, July 27th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the company. Equifax has an average rating of Hold and an average target price of $129.30.

Shares of NYSE EFX opened at $123.10 on Monday. The firm has a market capitalization of $15.72 billion, a price-to-earnings ratio of 20.62, a P/E/G ratio of 2.97 and a beta of 0.88. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.80. Equifax has a fifty-two week low of $105.31 and a fifty-two week high of $138.69.



Equifax (NYSE:EFX) last announced its quarterly earnings data on Wednesday, July 25th. The credit services provider reported $1.56 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.54 by $0.02. The firm had revenue of $876.90 million during the quarter, compared to analysts’ expectations of $886.00 million. Equifax had a return on equity of 22.03% and a net margin of 14.76%. The company’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.60 EPS. As a group, equities research analysts forecast that Equifax will post 5.85 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently modified their holdings of EFX. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in Equifax during the 2nd quarter worth $1,575,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its position in Equifax by 9.6% during the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 268,624 shares of the credit services provider’s stock worth $33,608,000 after acquiring an additional 23,492 shares during the last quarter. Tower Research Capital LLC TRC grew its position in Equifax by 824.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 8,319 shares of the credit services provider’s stock worth $1,041,000 after acquiring an additional 7,419 shares during the last quarter. BlueMountain Capital Management LLC grew its position in Equifax by 464.8% during the 2nd quarter. BlueMountain Capital Management LLC now owns 36,228 shares of the credit services provider’s stock worth $4,532,000 after acquiring an additional 29,814 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its position in Equifax by 42.5% during the 2nd quarter. PNC Financial Services Group Inc. now owns 50,022 shares of the credit services provider’s stock worth $6,258,000 after acquiring an additional 14,919 shares during the last quarter. Institutional investors own 92.60% of the company’s stock.

Equifax Company Profile

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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Analyst Recommendations for Equifax (NYSE:EFX)

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