Experian (LON:EXPN) Share Price Passes Above 200 Day Moving Average - Here's Why

Key Points

• Experian's share price has surpassed its 200-day moving average, recently trading at GBX 3,798.34 ($51.31) compared to its moving average of GBX 3,749.88 ($50.65).
• Analysts have a consensus rating of "Moderate Buy" for Experian, with price targets ranging from GBX 4,102 ($55.41) to GBX 4,325.50 ($58.43).
• Insider sales were notable, with Brian Cassin and Lloyd Pitchford selling shares at an average price of GBX 3,744 ($50.57) shortly before the recent trading surge.

Experian plc (LON:EXPN - Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 3,749.88 ($50.65) and traded as high as GBX 3,815 ($51.53). Experian shares last traded at GBX 3,798.34 ($51.31), with a volume of 1,141,529 shares traded.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on EXPN shares. Royal Bank Of Canada reiterated an "outperform" rating and issued a GBX 4,200 ($56.73) target price on shares of Experian in a report on Wednesday, July 16th. Citigroup increased their target price on Experian from GBX 4,091 ($55.26) to GBX 4,102 ($55.41) and gave the stock a "neutral" rating in a report on Wednesday, July 16th. Finally, Shore Capital reiterated a "buy" rating on shares of Experian in a report on Tuesday, July 15th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of GBX 4,325.50 ($58.43).

Experian Price Performance

The business has a 50-day moving average of GBX 3,870.10 and a 200 day moving average of GBX 3,749.88. The firm has a market capitalization of £43.60 billion, a PE ratio of 37.13, a price-to-earnings-growth ratio of 2.48 and a beta of 0.72. The company has a current ratio of 0.79, a quick ratio of 0.76 and a debt-to-equity ratio of 109.43.

Insider Buying and Selling

In related news, insider Brian Cassin sold 88,649 shares of the business's stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of GBX 3,744 ($50.57), for a total value of £3,319,018.56 ($4,483,342.64). Also, insider Lloyd Pitchford sold 54,770 shares of the business's stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of GBX 3,744 ($50.57), for a total value of £2,050,588.80 ($2,769,943.00). 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.

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