JPMorgan Chase & Co. Raises Experian (LON:EXPN) Price Target to GBX 2,600

Experian (LON:EXPN) had its price target raised by JPMorgan Chase & Co. from GBX 2,400 ($31.36) to GBX 2,600 ($33.97) in a research note issued to investors on Wednesday, Digital Look reports. The firm currently has an overweight rating on the stock.

EXPN has been the topic of a number of other research reports. Goldman Sachs Group set a €15.00 ($17.44) target price on freenet and gave the company a sell rating in a report on Monday, May 13th. Barclays reiterated a buy rating on shares of Netflix in a report on Thursday, May 16th. UBS Group downgraded to a neutral rating and upped their target price for the company from GBX 3,300 ($43.12) to GBX 3,500 ($45.73) in a report on Tuesday, June 25th. Jefferies Financial Group reissued a hold rating on shares of COMPASS GRP PLC/S in a research note on Tuesday, April 9th. Finally, Morgan Stanley set a $70.00 price target on Edison International and gave the company a hold rating in a research note on Monday, July 15th. One research analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company. The company has a consensus rating of Hold and an average price target of GBX 2,221.11 ($29.02).

Shares of EXPN opened at GBX 2,408 ($31.46) on Wednesday. The firm has a market cap of $21.94 billion and a P/E ratio of 31.68. Experian has a fifty-two week low of GBX 1,710 ($22.34) and a fifty-two week high of GBX 2,463 ($32.18). The company has a quick ratio of 0.43, a current ratio of 0.44 and a debt-to-equity ratio of 139.09. The firm has a 50-day simple moving average of GBX 2,398.40.

The company also recently declared a dividend, which will be paid on Friday, July 26th. Investors of record on Thursday, June 27th will be paid a $0.33 dividend. This is a boost from Experian’s previous dividend of $0.14. The ex-dividend date of this dividend is Thursday, June 27th. This represents a dividend yield of 1.13%. Experian’s payout ratio is presently 0.49%.

In related news, insider Kerry Williams sold 190,631 shares of the business’s stock in a transaction that occurred on Friday, June 7th. The stock was sold at an average price of GBX 2,400 ($31.36), for a total value of £4,575,144 ($5,978,235.99). Also, insider Don Robert sold 550,000 shares of the company’s stock in a transaction that occurred on Thursday, June 20th. The stock was sold at an average price of GBX 2,423 ($31.66), for a total value of £13,326,500 ($17,413,432.64).

Experian Company Profile

Experian plc, together with its subsidiaries, operates as an information services company. The company offers credit services, such as holding, protecting, and managing data that help businesses and organizations to lend, as well as prevent frauds. Its credit services also holds information of people and businesses that have repaid credit in the past; and provides credit reports used by various businesses, such as banks, automotive dealers, healthcare providers, and retailers.

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Analyst Recommendations for Experian (LON:EXPN)

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