Experian (OTCMKTS:EXPGY) Price Target Lowered to GBX 3,300 at Morgan Stanley

Experian (OTCMKTS:EXPGYGet Rating) had its target price trimmed by Morgan Stanley from GBX 3,560 ($43.89) to GBX 3,300 ($40.69) in a report released on Friday, The Fly reports.

Several other research firms also recently commented on EXPGY. Royal Bank of Canada raised Experian from an underperform rating to a sector perform rating in a research note on Thursday, January 27th. Citigroup cut shares of Experian from a buy rating to a neutral rating in a research note on Wednesday, March 30th. Finally, Zacks Investment Research lowered shares of Experian from a hold rating to a sell rating in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, Experian presently has an average rating of Hold and an average target price of $1,676.00.

OTCMKTS EXPGY traded up $0.89 on Friday, hitting $32.94. 137,732 shares of the company traded hands, compared to its average volume of 153,605. The business’s 50 day moving average price is $36.62 and its 200-day moving average price is $41.50. Experian has a 52-week low of $31.81 and a 52-week high of $49.97.

About Experian (Get Rating)

Experian plc, together with its subsidiaries, operates as a technology company. The company operates through two segments, Business-to-Business and Consumer Services. It provides data services to identify and understand their customers, as well as to manage the risks related with lending. The company also offers analytical and decision tools that enhance businesses to manage their customers, minimize the risk of fraud, comply with legal requirements, and automate decisions and processes.

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