Experian (LON:EXPN) Stock Price Passes Above 200 Day Moving Average - Should You Sell?

Key Points

• Experian plc shares surpassed their 200-day moving average of GBX 3,742.83, reaching a trading high of GBX 3,812 ($51.24).
• Brokerages have issued new price targets, with Citi setting a target of GBX 4,102 and Royal Bank of Canada targeting GBX 4,200, reflecting a Moderate Buy consensus rating.
• Insider transactions were noted, with Esther Lee purchasing 555 shares at GBX 5,172 and Brian Cassin selling 88,649 shares at GBX 3,744.

Shares of Experian plc (LON:EXPN - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3,742.83 ($50.49) and traded as high as GBX 3,812 ($51.42). Experian shares last traded at GBX 3,805 ($51.33), with a volume of 1,377,914 shares changing hands.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on EXPN. Citigroup boosted their price objective on shares of Experian from GBX 4,091 to GBX 4,102 and gave the stock a "neutral" rating in a research report on Wednesday, July 16th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a GBX 4,200 price target on shares of Experian in a research note on Wednesday, July 16th. Finally, Shore Capital reiterated a "buy" rating on shares of Experian in a research note on Tuesday, July 15th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of GBX 4,325.50.

Experian Price Performance

The stock has a fifty day simple moving average of GBX 3,880.03 and a 200-day simple moving average of GBX 3,740.43. The company has a current ratio of 0.79, a quick ratio of 0.76 and a debt-to-equity ratio of 109.43. The stock has a market cap of £36.37 billion, a price-to-earnings ratio of 3,147.83, a price-to-earnings-growth ratio of 2.48 and a beta of 0.72.

Insider Activity

In other news, insider Esther Lee purchased 555 shares of Experian stock in a transaction dated Tuesday, August 26th. The shares were bought at an average cost of GBX 5,172 per share, with a total value of £28,704.60. 0.63% of the stock is owned by corporate insiders.

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 software.