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Experian ( (GB:EXPN) ) just unveiled an update.
Experian PLC announced the continuation of its share repurchase program, purchasing 74,823 ordinary shares on the London Stock Exchange through J.P. Morgan Securities plc. The shares will be held as treasury shares, bringing the total number of shares held in treasury to 54,117,704. This move is part of Experian’s strategy to manage its capital structure and return value to shareholders. The share repurchase program reflects the company’s confidence in its financial health and future prospects, potentially impacting its stock value and investor perception positively.
The most recent analyst rating on (GB:EXPN) stock is a Buy with a £42.00 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 corporate events are notable strengths, contributing significantly to its stock score. The technical analysis shows moderate bullish signs, though the valuation remains on the higher side, suggesting limited immediate upside. Overall, Experian is well-positioned for growth, but investors should be aware of its high valuation.
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, preventing fraud, simplifying healthcare, delivering digital marketing solutions, and offering insights into the automotive market through its data, analytics, and software. Experian is a FTSE 100 Index company listed on the London Stock Exchange, with headquarters in Dublin, Ireland, and employs 23,300 people across 32 countries.
YTD Price Performance: 10.81%
Average Trading Volume: 1,685,263
Technical Sentiment Signal: Strong Buy
Current Market Cap: £34.45B
Find detailed analytics on EXPN stock on TipRanks’ Stock Analysis page.