Equifax (EFX) Price Target Increased to $126.00 by Analysts at Royal Bank of Canada
Equifax (NYSE:EFX) had its target price raised by Royal Bank of Canada to $126.00 in a research note released on Friday, The Fly reports. Royal Bank of Canada currently has a sector perform rating on the credit services provider’s stock.
Other equities analysts also recently issued reports about the stock. Stifel Nicolaus reissued a buy rating and set a $149.00 price target on shares of Equifax in a report on Tuesday, September 26th. SunTrust Banks reaffirmed a buy rating and issued a $110.00 target price on shares of Equifax in a research note on Tuesday, September 26th. JPMorgan Chase & Co. reaffirmed a buy rating on shares of Equifax in a research note on Tuesday, October 3rd. Robert W. Baird reaffirmed a buy rating and issued a $137.00 target price on shares of Equifax in a research note on Tuesday, January 9th. Finally, Wells Fargo & Co set a $127.00 target price on shares of Equifax and gave the stock a buy rating in a research note on Friday, October 6th. Nine investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of $129.47.
Equifax (EFX) opened at $124.53 on Friday. Equifax has a 1-year low of $89.59 and a 1-year high of $147.02. The stock has a market cap of $14,953.49, a PE ratio of 28.17, a P/E/G ratio of 2.13 and a beta of 0.95. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.64.
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Capital International Investors bought a new stake in shares of Equifax during the third quarter worth approximately $513,940,000. Janus Henderson Group PLC raised its stake in shares of Equifax by 11,042.5% during the second quarter. Janus Henderson Group PLC now owns 1,729,992 shares of the credit services provider’s stock worth $237,735,000 after buying an additional 1,714,466 shares during the last quarter. Assenagon Asset Management S.A. bought a new stake in shares of Equifax during the third quarter worth approximately $90,020,000. Artemis Investment Management LLP raised its stake in shares of Equifax by 478.6% during the third quarter. Artemis Investment Management LLP now owns 703,006 shares of the credit services provider’s stock worth $74,505,000 after buying an additional 581,509 shares during the last quarter. Finally, Meritage Group LP bought a new stake in shares of Equifax during the third quarter worth approximately $50,723,000. 95.09% of the stock is owned by institutional investors.
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Equifax Inc is a global provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates in four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Global Consumer Solutions. Its products and services are based on databases of consumer and business information derived from various sources, including credit, financial assets, telecommunications and utility payments, employment, income, demographic and marketing data.
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