Experian (LON:EXPN) Downgraded by Citigroup to Buy

Citigroup lowered shares of Experian (LON:EXPN) to a buy rating in a report issued on Monday morning,Digital Look reports.

Several other research analysts also recently commented on the company. UBS Group restated a “buy” rating and issued a GBX 3,700 target price on shares of Experian in a research note on Monday, May 18th. Stifel Nicolaus reiterated a “buy” rating and set a GBX 4,400 price target on shares of Experian in a research report on Wednesday, May 20th. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 4,000 price target on shares of Experian in a report on Friday. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Experian from GBX 4,550 to GBX 4,000 and set a “buy” rating for the company in a research report on Thursday, May 21st. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 4,600 price objective on shares of Experian in a research note on Thursday, May 21st. Six investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Experian has a consensus rating of “Buy” and an average target price of GBX 4,087.33.

Experian Price Performance

Shares of LON EXPN opened at GBX 2,762 on Monday. The stock has a market cap of £24.50 billion, a PE ratio of 16.90, a price-to-earnings-growth ratio of 2.48 and a beta of 0.83. Experian has a fifty-two week low of GBX 2,203 and a fifty-two week high of GBX 4,096. The company has a debt-to-equity ratio of 100.36, a quick ratio of 0.76 and a current ratio of 0.85. The stock has a fifty day moving average of GBX 2,604.04 and a 200-day moving average of GBX 2,723.38.

Experian declared that its Board of Directors has authorized a share repurchase program on Wednesday, July 1st that allows the company to repurchase $0.00 in outstanding shares. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.

Insider Buying and Selling at Experian

In other news, insider Lloyd Pitchford sold 39,462 shares of the business’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of GBX 2,621, for a total transaction of £1,034,299.02. Also, insider Eduardo Vassimon acquired 5,650 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were acquired at an average cost of GBX 2,673 per share, with a total value of £151,024.50. Insiders have acquired a total of 87,031 shares of company stock valued at $230,517,957 in the last 90 days. Corporate insiders own 0.67% of the company’s stock.

Experian Company Profile

Experian is a global data and technology company, powering opportunities for people and businesses around the world. We help to redefine lending practices, uncover and prevent fraud, simplify healthcare, deliver digital marketing solutions, and gain deeper insights into the automotive market, all using our unique combination of data, analytics and platforms. We also assist millions of people to realise their financial goals and help them to save time and money.
We operate across a range of markets, from financial services to healthcare, automotive, agrifinance, insurance, and many more industry segments.
We invest in talented people and new advanced technologies to unlock the power of data and to innovate.