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

Key Points

• Experian shares rose above their 200-day moving average, reaching GBX 2,905 before last trading at GBX 2,876 on volume of approximately 1.1 million shares.
• Analysts remain broadly positive: six research firms rate the stock “Buy,” with a consensus price target of GBX 4,087.33, substantially above its recent trading level.
• Experian has authorized a share-repurchase program, while recent insider activity included sizable share sales by two executives; insiders own 0.64% of the company.

Experian plc (LON:EXPN - Get Free Report) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 2,668.16 and traded as high as GBX 2,905. Experian shares last traded at GBX 2,876, with a volume of 1,106,216 shares trading hands.

Wall Street Analysts Forecast Growth

A number of research firms have commented on EXPN. Citigroup cut Experian to a "buy" rating in a research note on Monday, July 20th. UBS Group restated a "buy" rating and set a GBX 3,700 price objective on shares of Experian in a report on Monday, May 18th. Stifel Nicolaus reaffirmed a "buy" rating and issued a GBX 4,400 price objective on shares of Experian in a research report on Wednesday, May 20th. Royal Bank Of Canada reiterated an "outperform" rating and issued a GBX 4,000 target price on shares of Experian in a research note on Friday, July 17th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Experian from GBX 4,550 to GBX 4,000 and set a "buy" rating on the stock in a research report on Thursday, May 21st. Six equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Experian has an average rating of "Buy" and a consensus target price of GBX 4,087.33.

Experian Price Performance

The stock has a 50 day moving average of GBX 2,668.19 and a 200-day moving average of GBX 2,668.16. The company has a debt-to-equity ratio of 100.36, a quick ratio of 0.76 and a current ratio of 0.85. The company has a market cap of £25.42 billion, a PE ratio of 17.60, a price-to-earnings-growth ratio of 2.48 and a beta of 0.84.

Experian declared that its Board of Directors has authorized a share repurchase plan on Wednesday, July 1st that permits the company to repurchase $0.00 in outstanding shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's board believes its shares are undervalued.

Insider Transactions at Experian

In related news, insider Brian Cassin sold 63,864 shares of Experian stock in a transaction dated Monday, June 8th. The stock was sold at an average price of GBX 2,624, for a total transaction of £1,675,791.36. Also, insider Lloyd Pitchford sold 39,462 shares of Experian stock in a transaction dated Monday, June 8th. The stock was sold at an average price of GBX 2,621, for a total value of £1,034,299.02. Insiders bought a total of 87,031 shares of company stock worth $230,517,957 over the last three months. 0.64% of the stock is currently owned by insiders.

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 platforms. We also assist millions of people to realise their financial goals and help them to save time and money. We operate across a range of markets, from financial services to healthcare, automotive, agrifinance, insurance, and many more industry segments. We invest in talented people and new advanced technologies to unlock the power of data and to innovate.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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