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Experian ( (GB:EXPN) ) has shared an update.
Experian plc announced the purchase of 39,000 ordinary shares as part of its ongoing share repurchase program. The shares, bought at an average price of 3,799.6853 pence, will be held as treasury shares, bringing the total number of shares in treasury to 55,994,170. This move is part of Experian’s strategy to manage its capital structure and return value to shareholders.
The most recent analyst rating on (GB:EXPN) stock is a Hold with a £4120.00 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 highlights robust revenue growth and efficient cash flow management. However, the technical analysis indicates short-term bearish momentum, and the high P/E ratio suggests a premium valuation, which could limit upside potential. The absence of earnings call data and corporate events means these factors do not influence the 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, and insurance. It focuses on redefining lending practices, preventing fraud, simplifying healthcare, delivering digital marketing solutions, and offering insights into the automotive market. With a workforce of 25,200 people across 32 countries, Experian is listed on the London Stock Exchange and is part of the FTSE 100 Index.
Average Trading Volume: 1,589,964
Technical Sentiment Signal: Strong Buy
Current Market Cap: £34.84B
Learn more about EXPN stock on TipRanks’ Stock Analysis page.