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Experian ( (GB:EXPN) ) has provided an update.
Experian plc announced the purchase of 19,000 of its ordinary shares on the London Stock Exchange as part of its ongoing share repurchase program. The shares, bought at prices ranging from 3,300.0000 to 3,332.0000 pence, will be held as treasury shares, bringing the total number of treasury shares to 56,228,865. This move is part of Experian’s strategy to manage its capital structure effectively and potentially enhance shareholder value.
The most recent analyst rating on (GB:EXPN) stock is a Buy with a £4600.00 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 strong financial performance and positive earnings call sentiment are the primary drivers of its overall score. However, technical indicators suggest a bearish trend, and the stock’s high valuation limits its attractiveness. The company’s strategic focus on AI and growth in key regions provide a positive outlook, but current market conditions and valuation concerns 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 focuses on redefining lending practices, fraud prevention, digital marketing solutions, and providing insights into the automotive market through data, analytics, and software. Experian is listed on the London Stock Exchange and is part of the FTSE 100 Index, with its headquarters in Dublin, Ireland.
Average Trading Volume: 2,354,312
Technical Sentiment Signal: Hold
Current Market Cap: £30.27B
See more insights into EXPN stock on TipRanks’ Stock Analysis page.