Equifax Inc. (NYSE:EFX) has been assigned an average recommendation of “Hold” from the sixteen research firms that are currently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $119.90.
A number of research analysts recently commented on EFX shares. Morgan Stanley set a $126.00 price target on Equifax and gave the stock a “hold” rating in a report on Monday, October 15th. Bank of America started coverage on Equifax in a report on Tuesday, October 23rd. They issued an “underperform” rating and a $123.00 price target on the stock. ValuEngine cut Equifax from a “buy” rating to a “hold” rating in a report on Friday, October 26th. TheStreet cut Equifax from a “b” rating to a “c” rating in a report on Wednesday, October 24th. Finally, Barclays lowered their price target on Equifax from $120.00 to $105.00 and set an “equal weight” rating on the stock in a report on Friday, October 26th.
Shares of NYSE:EFX traded down $0.71 during mid-day trading on Wednesday, reaching $107.07. 1,051,000 shares of the company traded hands, compared to its average volume of 1,045,444. The company has a market cap of $12.99 billion, a PE ratio of 17.93, a price-to-earnings-growth ratio of 2.57 and a beta of 1.20. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.81. Equifax has a 52 week low of $88.68 and a 52 week high of $138.69.
Institutional investors and hedge funds have recently modified their holdings of the company. Oppenheimer Asset Management Inc. purchased a new stake in shares of Equifax during the 4th quarter worth approximately $34,000. Exane Asset Management purchased a new stake in shares of Equifax during the 4th quarter worth approximately $41,000. Ipswich Investment Management Co. Inc. purchased a new stake in shares of Equifax during the 4th quarter worth approximately $75,000. Enterprise Financial Services Corp purchased a new stake in shares of Equifax during the 3rd quarter worth approximately $114,000. Finally, Migdal Insurance & Financial Holdings Ltd. raised its holdings in shares of Equifax by 105.6% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,431 shares of the credit services provider’s stock worth $187,000 after acquiring an additional 735 shares in the last quarter. 90.35% of the stock is currently owned by institutional investors and hedge funds.
Equifax Inc provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers. The company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions, and Global Consumer Solutions. The USIS segment offers consumer and commercial information services, such as credit information and credit scoring, credit modeling and portfolio analytics, locate, fraud detection and prevention, identity verification, and other consulting; mortgage loan origination information; financial marketing; and identity management services.
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