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Experian ( (GB:EXPN) ) has provided an update.
Experian PLC has announced the continuation of its share repurchase program, purchasing 170 ordinary shares on the London Stock Exchange. The shares will be held as treasury shares, contributing to a total of 55,586,872 treasury shares. This move is part of a broader strategy to manage the company’s capital structure effectively, with 1,350,000 shares repurchased since the program’s announcement. This action reflects Experian’s commitment to enhancing shareholder value and maintaining a strong market position.
The most recent analyst rating on (GB:EXPN) stock is a Hold with a £4113.00 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 Neutral.
Experian’s overall stock score is driven primarily by its strong financial performance, which is characterized by robust revenue growth and efficient cash flow management. However, the technical analysis indicates potential short-term bearish momentum, and the high P/E ratio suggests the stock may be overvalued, which impacts the overall score negatively.
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 sectors, including financial services, healthcare, automotive, and insurance. The company focuses on redefining lending practices, preventing fraud, simplifying healthcare, and delivering digital marketing solutions using data, analytics, and software. Experian is listed on the London Stock Exchange and is part of the FTSE 100 Index, with headquarters in Dublin, Ireland, and operations in 32 countries.
Average Trading Volume: 1,595,800
Technical Sentiment Signal: Strong Buy
Current Market Cap: £34.79B
For detailed information about EXPN stock, go to TipRanks’ Stock Analysis page.