Experian (LON:EXPN) Price Target Raised to GBX 2,500 at Barclays

Experian (LON:EXPN) had its price target lifted by Barclays from GBX 2,400 ($31.36) to GBX 2,500 ($32.67) in a research report sent to investors on Wednesday, Digital Look reports. Barclays currently has an overweight rating on the stock.

A number of other equities analysts have also recently commented on EXPN. Credit Suisse Group cut shares of to a neutral rating and lifted their target price for the stock from GBX 2,250 ($29.40) to GBX 2,360 ($30.84) in a research report on Tuesday, June 18th. Goldman Sachs Group set a €15.00 ($17.44) target price on shares of freenet and gave the stock a sell rating in a research report on Monday, May 13th. JPMorgan Chase & Co. reiterated a neutral rating on shares of SUZUKI MTR CORP/ADR in a research report on Wednesday. Morgan Stanley set a $70.00 target price on shares of Edison International and gave the stock a hold rating in a research report on Monday, July 15th. Finally, UBS Group cut shares of to a neutral rating and lifted their target price for the stock from GBX 3,300 ($43.12) to GBX 3,500 ($45.73) in a research report on Tuesday, June 25th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of Hold and an average price target of GBX 2,221.11 ($29.02).

Shares of LON:EXPN opened at GBX 2,408 ($31.46) on Wednesday. The stock has a market cap of $21.94 billion and a PE ratio of 31.68. The stock has a fifty day simple moving average of GBX 2,398.40. Experian has a 52 week low of GBX 1,710 ($22.34) and a 52 week high of GBX 2,463 ($32.18). The company has a debt-to-equity ratio of 139.09, a quick ratio of 0.43 and a current ratio of 0.44.

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

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

About Experian

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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