Experian (EXPN) PT Lowered to GBX 1,500
Experian (LON:EXPN) had its price objective trimmed by HSBC from GBX 1,700 ($22.21) to GBX 1,500 ($19.60) in a research note published on Wednesday morning. The brokerage currently has a hold rating on the stock.
Several other research firms have also recently issued reports on EXPN. UBS Group reiterated a buy rating and issued a GBX 2,000 ($26.13) target price on shares of Experian in a research note on Friday, July 13th. Jefferies Financial Group boosted their target price on shares of Experian from GBX 1,550 ($20.25) to GBX 1,720 ($22.47) and gave the company a hold rating in a research note on Monday, August 6th. Citigroup boosted their target price on shares of Experian from GBX 1,770 ($23.13) to GBX 2,140 ($27.96) and gave the company a buy rating in a research note on Tuesday, July 17th. Credit Suisse Group reiterated an outperform rating on shares of Experian in a research note on Thursday, August 23rd. Finally, Shore Capital reiterated a buy rating on shares of Experian in a research note on Friday, July 13th. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company presently has an average rating of Buy and a consensus price target of GBX 1,881 ($24.58).
EXPN stock opened at GBX 1,815 ($23.72) on Wednesday. Experian has a 12 month low of GBX 1,428 ($18.66) and a 12 month high of GBX 1,708 ($22.32).
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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