Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from Experian ( (GB:EXPN) ).
Experian plc has announced the continuation of its share repurchase program, purchasing 38,000 ordinary shares on the London Stock Exchange through J.P. Morgan Securities plc. The shares, bought at a weighted average price of 3,842.2381 pence, will be held as treasury shares, bringing the total number of shares held in treasury to 55,738,872. 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 market strategy.
The most recent analyst rating on (GB:EXPN) stock is a Hold with a £4044.00 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 strong financial performance is the most significant factor, showcasing robust revenue growth and efficient cash flow management. However, technical analysis indicates bearish momentum, and the high P/E ratio suggests potential overvaluation. These factors collectively result in a moderate overall stock 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 sectors, including financial services, healthcare, automotive, agrifinance, and insurance. The company specializes in redefining lending practices, fraud prevention, digital marketing solutions, and automotive market insights, leveraging data, analytics, and software. Experian is a FTSE 100 Index company, headquartered in Dublin, Ireland, with a workforce of 25,200 people across 32 countries.
Average Trading Volume: 1,518,060
Technical Sentiment Signal: Strong Buy
Current Market Cap: £34.21B
Learn more about EXPN stock on TipRanks’ Stock Analysis page.