Experian (LON:EXPN) Share Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Experian plc (LON:EXPN) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-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.

Analysts Set New Price Targets

Several brokerages have commented on EXPN. Jefferies Financial Group reissued a “buy” rating and issued a GBX 4,600 price target on shares of Experian in a research report on Thursday, May 21st. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 4,000 price objective on shares of Experian in a research note on Friday, July 17th. Stifel Nicolaus reiterated a “buy” rating and issued a GBX 4,400 target price on shares of Experian in a report on Wednesday, May 20th. UBS Group reissued a “buy” rating and set a GBX 3,700 target price on shares of Experian in a research note on Monday, May 18th. Finally, Citigroup downgraded Experian to a “buy” rating in a report on Monday, July 20th. Six analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 4,087.33.

Experian Stock Down 0.8%

The business’s 50 day moving average is GBX 2,673.85 and its 200-day moving average is GBX 2,666.76. The company has a debt-to-equity ratio of 100.36, a current ratio of 0.85 and a quick ratio of 0.76. The company has a market cap of £25.19 billion, a PE ratio of 17.44, a P/E/G ratio of 2.48 and a beta of 0.84.

Experian announced that its Board of Directors has approved a share buyback 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 generally an indication that the company’s management believes its stock is undervalued.

Insider Transactions at Experian

In other news, insider Eduardo Vassimon bought 5,650 shares of the stock in a transaction that occurred on Thursday, May 21st. The stock was purchased at an average price of GBX 2,673 per share, for a total transaction of £151,024.50. Also, insider Lloyd Pitchford sold 39,462 shares of the stock in a transaction on Monday, June 8th. The shares were sold at an average price of GBX 2,621, for a total value of £1,034,299.02. In the last three months, insiders bought 87,031 shares of company stock valued at $230,517,957. Insiders own 0.64% 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 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.