Credit Suisse Raises Price Target on Equifax (EFX)

By admin | 6 years ago

Equities researchers at Credit Suisse (NYSE: CS) boosted their target price on shares of Equifax (NYSE: EFX) to $49.00 in a report issued on Friday. The firm currently has a “neutral” rating on the stock.

Equifax traded down 0.69% on Friday, hitting $45.83. Equifax has a 1-year low of $28.59 and a 1-year high of $47.24. The company has a market cap of $5.492 billion and a price-to-earnings ratio of 24.52.

The company last announced its quarterly results on Wednesday, April 25th. It reported $0.70 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $0.65 EPS by $0.05. The company’s quarterly revenue was up 10.6% on a year-over-year basis. Analysts expect that Equifax will post $0.72 EPS next quarter.

Several other analysts have also recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Equifax in a research note to investors on Thursday. They now have a $46.00 price target on the stock. Separately, analysts at Goldman Sachs (NYSE: GS) raised their price target on shares of Equifax from $50.00 to $51.00 in a research note to investors on Thursday. They now have a “buy” rating on the stock. Finally, analysts at Barclays Capital (NYSE: BCS) raised their price target on shares of Equifax from $42.00 to $45.00 in a research note to investors on Tuesday, April 17th. They now have an “equal weight” rating on the stock.

Equifax Inc. is a provider of information solutions for businesses and consumers. The Company’s clients and customers include financial institutions, corporations, governments and individuals.

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