JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Experian (LON:EXPN) Stock

Experian (LON:EXPN) had its price objective boosted by JPMorgan Chase & Co. from GBX 4,100 ($52.32) to GBX 4,400 ($56.14) in a research note released on Thursday, MarketBeat Ratings reports. The brokerage currently has an overweight rating on the stock.

Separately, Shore Capital reaffirmed a “buy” rating on shares of Experian in a research report on Wednesday, November 13th.

Experian Trading Down 0.7 %

Shares of Experian stock opened at GBX 3,704 ($47.26) on Thursday. Experian has a 1 year low of GBX 3,002 ($38.31) and a 1 year high of GBX 3,978.56 ($50.77). The firm has a market cap of £33.85 billion, a PE ratio of 3,729.00, a P/E/G ratio of 2.48 and a beta of 0.72. The stock has a fifty day moving average price of GBX 3,839.38 and a 200-day moving average price of GBX 3,705.05. The company has a debt-to-equity ratio of 94.22, a current ratio of 0.70 and a quick ratio of 0.76.

Experian Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, February 7th. Shareholders of record on Thursday, January 9th will be paid a $0.19 dividend. The ex-dividend date of this dividend is Thursday, January 9th. This represents a yield of 0.39%. Experian’s dividend payout ratio is currently 4,600.00%.

About Experian

Experian plc, together with its subsidiaries, operates as a technology company in North America, Latin America, the United Kingdom, Ireland, Europe, the Middle East, Africa, and the Asia Pacific. It operates in two segments, Business-to-Business and Consumer Services. The company collects, sorts, aggregates, and transforms data from various sources to provide a range of data-driven services.