Experian (LON:EXPN) Stock Crosses Above 200-Day Moving Average - Time to Sell?

Key Points

• Experian's stock price has moved above its 200-day moving average of GBX 3,744.28, with shares trading as high as GBX 3,915.
• Wall Street analysts have a consensus rating of "Moderate Buy" for Experian, with a target price of GBX 4,325.50, indicating potential growth.
• Insider Esther Lee purchased 555 shares at an average price of GBX 5,172, reflecting confidence in the company's prospects.

Experian plc (LON:EXPN - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3,744.28 ($50.85) and traded as high as GBX 3,915 ($53.16). Experian shares last traded at GBX 3,832 ($52.04), with a volume of 1,872,694 shares changing hands.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Citigroup raised their price objective on shares of Experian from GBX 4,091 to GBX 4,102 and gave the company a "neutral" rating in a research report on Wednesday, July 16th. Shore Capital reiterated a "buy" rating on shares of Experian in a research report on Tuesday, July 15th. Finally, Royal Bank Of Canada reiterated an "outperform" rating and issued a GBX 4,200 target price on shares of Experian in a research report on Wednesday, July 16th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 4,325.50.

Experian Stock Performance

The company has a market cap of £35.12 billion, a PE ratio of 3,039.53, a PEG ratio of 2.48 and a beta of 0.72. The business's 50-day moving average is GBX 3,891.67 and its 200 day moving average is GBX 3,744.28. The company has a debt-to-equity ratio of 109.43, a quick ratio of 0.76 and a current ratio of 0.79.

Insider Activity

In other news, insider Esther Lee acquired 555 shares of the firm's stock in a transaction on Tuesday, August 26th. The shares were purchased at an average price of GBX 5,172 per share, for a total transaction of £28,704.60. Insiders own 0.63% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.