Experian (LON:EXPN) Stock Price Passes Above 200-Day Moving Average – Here’s Why

Experian plc (LON:EXPN) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 3,684.30 ($46.00) and traded as high as GBX 3,830 ($47.82). Experian shares last traded at GBX 3,799.58 ($47.44), with a volume of 5,659,478 shares.

Analysts Set New Price Targets

A number of research firms have weighed in on EXPN. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 4,600 ($57.44) target price on shares of Experian in a report on Tuesday, December 17th. Shore Capital reaffirmed a “buy” rating on shares of Experian in a research note on Wednesday, November 13th. Finally, JPMorgan Chase & Co. upped their price target on Experian from GBX 4,100 ($51.19) to GBX 4,400 ($54.94) and gave the stock an “overweight” rating in a research note on Thursday, December 5th.

Experian Price Performance

The firm has a 50-day moving average of GBX 3,619.37 and a 200-day moving average of GBX 3,685.78. The stock has a market cap of £34.61 billion, a PE ratio of 3,787.00, a PEG ratio of 2.48 and a beta of 0.72. The company has a debt-to-equity ratio of 94.22, a current ratio of 0.70 and a quick ratio of 0.76.

Experian Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, February 7th. Stockholders of record on Thursday, January 9th will be paid a $0.19 dividend. This represents a dividend yield of 0.39%. The ex-dividend date of this dividend is Thursday, January 9th. Experian’s payout ratio is 4,600.00%.

About Experian

Experian is a global data and technology company, powering opportunities for people and businesses around the world. We help to redefine lending practices, uncover and prevent fraud, simplify healthcare, deliver digital marketing solutions, and gain deeper insights into the automotive market, all using our unique combination of data, analytics and software.