Citigroup Forecasts Strong Price Appreciation for Experian (LON:EXPN) Stock

Experian (LON:EXPN - Free Report) had its price target hoisted by Citigroup from GBX 4,091 ($54.91) to GBX 4,102 ($55.06) in a research note released on Wednesday morning, MarketBeat Ratings reports. The firm currently has a neutral rating on the stock.

Several other equities research analysts have also recently weighed in on the stock. Shore Capital reiterated a "buy" rating on shares of Experian in a research note on Tuesday. Royal Bank Of Canada reiterated an "outperform" rating and issued a GBX 4,200 ($56.38) target price on shares of Experian in a research note on Wednesday. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 4,325.50 ($58.06).

Experian Stock Performance

Shares of LON EXPN traded up GBX 32.70 ($0.44) during mid-day trading on Wednesday, hitting GBX 4,091.70 ($54.92). The company had a trading volume of 1,005,741 shares, compared to its average volume of 6,635,824. The company has a debt-to-equity ratio of 109.43, a current ratio of 0.79 and a quick ratio of 0.76. The business's 50-day simple moving average is GBX 3,828.70 and its 200-day simple moving average is GBX 3,713.65. Experian has a 12 month low of GBX 3,049 ($40.93) and a 12 month high of GBX 4,101 ($55.05). The firm has a market cap of £46.96 billion, a P/E ratio of 40.00, a PEG ratio of 2.48 and a beta of 0.72.

Insider Activity

In related news, insider Brian Cassin sold 88,649 shares of the stock in a transaction dated Monday, June 9th. The shares were sold at an average price of GBX 3,744 ($50.26), for a total value of £3,319,018.56 ($4,455,058.47). Also, insider Lloyd Pitchford sold 54,770 shares of the stock in a transaction dated Monday, June 9th. The stock was sold at an average price of GBX 3,744 ($50.26), for a total transaction of £2,050,588.80 ($2,752,468.19). Corporate insiders own 0.19% 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 software.