Equifax (EFX) Now Covered by BNP Paribas

Equities research analysts at BNP Paribas initiated coverage on shares of Equifax (NYSE:EFX) in a report released on Friday. The firm set an “underperform” rating and a $106.00 price target on the credit services provider’s stock. BNP Paribas’ target price would indicate a potential downside of 4.52% from the company’s previous close.

Several other equities research analysts have also recently commented on the stock. Deutsche Bank lowered their price target on shares of Equifax from $128.00 to $110.00 and set a “buy” rating for the company in a research report on Monday, January 14th. Morgan Stanley lowered their price target on shares of Equifax from $115.00 to $104.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 8th. TD Securities reiterated an “average” rating on shares of Equifax in a research report on Monday, January 7th. Robert W. Baird lowered their price target on shares of Equifax from $115.00 to $109.00 and set an “outperform” rating for the company in a research report on Wednesday, December 19th. Finally, Credit Suisse Group initiated coverage on shares of Equifax in a research report on Friday, December 7th. They set an “outperform” rating and a $125.00 price target for the company. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $119.45.

Shares of NYSE EFX opened at $111.02 on Friday. Equifax has a 1-year low of $88.68 and a 1-year high of $138.69. The stock has a market capitalization of $13.40 billion, a price-to-earnings ratio of 19.17, a P/E/G ratio of 2.30 and a beta of 1.23. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.83.

Equifax (NYSE:EFX) last issued its quarterly earnings results on Wednesday, February 20th. The credit services provider reported $1.38 EPS for the quarter, topping the consensus estimate of $1.32 by $0.06. Equifax had a net margin of 8.78% and a return on equity of 21.58%. The company had revenue of $835.30 million during the quarter, compared to analysts’ expectations of $841.49 million. During the same quarter in the previous year, the company earned $1.39 EPS. Equifax’s revenue was down .4% on a year-over-year basis. On average, equities research analysts anticipate that Equifax will post 5.67 earnings per share for the current year.

A number of hedge funds and other institutional investors have recently modified their holdings of EFX. Oppenheimer Asset Management Inc. acquired a new position in Equifax during the fourth quarter valued at approximately $34,000. Exane Asset Management acquired a new position in Equifax during the fourth quarter valued at approximately $41,000. Doyle Wealth Management acquired a new position in shares of Equifax in the fourth quarter valued at approximately $53,000. Rational Advisors LLC boosted its holdings in shares of Equifax by 1,172.7% in the fourth quarter. Rational Advisors LLC now owns 700 shares of the credit services provider’s stock valued at $65,000 after buying an additional 645 shares during the period. Finally, Ropes Wealth Advisors LLC acquired a new position in shares of Equifax in the fourth quarter valued at approximately $70,000. Hedge funds and other institutional investors own 93.39% 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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