RBC Capital Sticks to Their Buy Rating for Experian (EXPGF)

RBC Capital analyst Ashish Sabadra maintained a Buy rating on Experian yesterday and set a price target of p4,200.00. The company’s shares closed last Monday at $47.03.

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According to TipRanks, Sabadra is a 4-star analyst with an average return of 5.4% and a 57.76% success rate. Sabadra covers the Financial sector, focusing on stocks such as CME Group, Intercontinental Exchange, and Nasdaq.

Currently, the analyst consensus on Experian is a Moderate Buy with an average price target of $59.12, which is a 25.71% upside from current levels. In a report released today, Barclays also maintained a Buy rating on the stock with a £45.00 price target.

Based on Experian’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $3.9 billion and a net profit of $616 million. In comparison, last year the company earned a revenue of $3.67 billion and had a net profit of $630 million

Based on the recent corporate insider activity of 9 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of EXPGF in relation to earlier this year.