Experian (LON:EXPN) Shares Cross Above 200-Day Moving Average - Here's Why

Key Points

• Experian shares have crossed above their 200-day moving average of GBX 3,747.18, with recent trading at GBX 3,807 ($51.33).
• Analysts are optimistic about Experian, with a consensus target price of GBX 4,325.50 and four analysts rating the stock as a Buy.
• Insiders have sold shares in recent transactions, including Brian Cassin who sold 88,649 shares at an average price of GBX 3,744.

Experian plc (LON:EXPN - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 3,747.18 ($50.60) and traded as high as GBX 3,842 ($51.88). Experian shares last traded at GBX 3,807 ($51.41), with a volume of 3,207,695 shares trading hands.

Analyst Ratings Changes

EXPN has been the subject of several research analyst reports. Shore Capital restated a "buy" rating on shares of Experian in a research note on Tuesday, July 15th. Royal Bank Of Canada reiterated an "outperform" rating and set a GBX 4,200 target price on shares of Experian in a research note on Wednesday, July 16th. Finally, Citigroup increased their target price on shares of Experian from GBX 4,091 to GBX 4,102 and gave the stock a "neutral" rating in a research note on Wednesday, July 16th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of GBX 4,325.50.

Experian Stock Performance

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 stock has a market cap of £34.91 billion, a price-to-earnings ratio of 3,018.18, a P/E/G ratio of 2.48 and a beta of 0.72. The stock's 50-day moving average is GBX 3,879.61 and its 200 day moving average is GBX 3,742.90.

Insider Activity at Experian

In other news, insider Esther Lee acquired 555 shares of Experian stock in a transaction that occurred on Tuesday, August 26th. The stock was purchased at an average price of GBX 5,172 per share, for a total transaction of £28,704.60. Also, 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, for a total transaction of £3,319,018.56. 0.60% of the stock is owned by 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.