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Experian ( (GB:EXPN) ) just unveiled an update.
Experian PLC announced the purchase of 79,893 ordinary shares on the London Stock Exchange as part of its ongoing share repurchase program. This move is part of Experian’s strategy to manage its capital structure and return value to shareholders, reflecting confidence in its financial position and future prospects. The shares will be held as treasury shares, and the company has purchased a total of 464,768 shares since the program’s announcement.
The most recent analyst rating on (GB:EXPN) stock is a Buy with a £45.00 price target. To see the full list of analyst forecasts on Experian stock, see the GB:EXPN Stock Forecast page.
Spark’s Take on GB:EXPN Stock
According to Spark, TipRanks’ AI Analyst, GB:EXPN is a Outperform.
Experian’s overall stock score is driven by strong financial performance and positive corporate events, such as the share repurchase program. However, the high P/E ratio suggests potential overvaluation, and technical indicators provide mixed signals, which slightly temper the overall score.
To see Spark’s full report on GB:EXPN stock, click here.
More about Experian
Experian is a global data and technology company that provides services across various industries including financial services, healthcare, automotive, agrifinance, and insurance. The company specializes in redefining lending practices, fraud prevention, digital marketing solutions, and providing insights into the automotive market using data, analytics, and software. Experian is a FTSE 100 company listed on the London Stock Exchange and operates in 32 countries with a headquarters in Dublin, Ireland.
YTD Price Performance: 11.85%
Average Trading Volume: 1,705,638
Technical Sentiment Signal: Strong Buy
Current Market Cap: £34.79B
See more insights into EXPN stock on TipRanks’ Stock Analysis page.