Citigroup downgraded shares of Experian (LON:EXPN – Free Report) to a buy rating in a research note published on Monday morning,Digital Look reports.
Several other equities research analysts have also recently weighed in on EXPN. Stifel Nicolaus restated a “buy” rating and issued 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 objective on shares of Experian in a research note on Friday, July 17th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Experian from GBX 4,550 to GBX 4,000 and set a “buy” rating on the stock in a report on Thursday, May 21st. UBS Group restated a “buy” rating and set a GBX 3,700 target price on shares of Experian in a research report on Monday, May 18th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 4,600 price target on shares of Experian in a report on Thursday, May 21st. Six investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of GBX 4,087.33.
Check Out Our Latest Analysis on EXPN
Experian Stock Up 2.4%
Experian announced that its board has authorized a share buyback program on Wednesday, July 1st that permits the company to repurchase $0.00 in outstanding shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its stock is undervalued.
Insiders Place Their Bets
In other Experian news, insider Brian Cassin sold 63,864 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of GBX 2,624, for a total value of £1,675,791.36. Also, insider Lloyd Pitchford sold 39,462 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of GBX 2,621, for a total value of £1,034,299.02. Insiders bought a total of 87,031 shares of company stock valued at $230,517,957 over the last 90 days. Insiders own 0.67% of the company’s stock.
About Experian
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.
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