Equifax (EFX) is Reiterated by Barclays to Overweight, Raises Price Target to $ 135

Equifax (EFX) was Reiterated by Barclays to “Overweight” according to the research note released today. The brokerage firm has raised the Price Target to $ 135 from a previous price target of $125 . Barclays advised their investors in a research report released on Apr 29, 2016.

Many Wall Street Analysts have commented on Equifax. Company shares were Reiterated by RBC Capital Mkts on Apr 26, 2016 to “Outperform”, Firm has raised the Price Target to $ 126 from a previous price target of $125 .Company shares were Reiterated by Stifel on Apr 12, 2016 to “Buy”, Firm has raised the Price Target to $ 126 from a previous price target of $120 .Equifax was Initiated by Morgan Stanley to “Overweight” on Feb 23, 2016.

On the company’s financial health, Equifax reported $1.23 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Apr 27, 2016. Analyst had a consensus of $1.15. The company had revenue of $728.30 million for the quarter, compared to analysts expectations of $696.57 million. The company’s revenue was up 11.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.07 EPS.

Equifax opened for trading at $116.89 and hit $118.75 on the upside on Wednesday, eventually ending the session at $118.61, with a gain of 1.22% or 1.43 points. The heightened volatility saw the trading volume jump to 8,21,698 shares. Company has a market cap of $14,080 M.

In a different news, on Mar 1, 2016, Joseph Michael Iii Loughran (CMO) sold 6,216 shares at $106.23 per share price. According to the SEC, on Mar 1, 2016, J Dann Adams (Pres-Per Sols) sold 2,500 shares at $105.89 per share price. On Feb 25, 2016, Richard F Smith (Chairman and CEO) sold 84,812 shares at $103.43 per share price, according to the Form-4 filing with the securities and exchange commission.

Equifax Inc. is a global provider of information solutions and human resources business process outsourcing services for businesses governments and consumers. The Company’s products and services are based on databases of consumer and business information derived from numerous types of credit financial assets telecommunications and utility payment employment income public record demographic and marketing data. It provides information technology and services to support debt collections and recovery management. In addition it is also a provider of payroll-related and human resource management business process outsourcing services in the United States of America. The Company’s clients include financial institutions corporations governments and individuals. The Company has four operating segments which include U.S. Information Solutions (USIS) International Workforce Solutions and North America Personal Solutions.


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