Equifax (EFX) PT Raised to $126.00 at Royal Bank of Canada

Equifax (NYSE:EFX) had its price target lifted by investment analysts at Royal Bank of Canada to $126.00 in a report issued on Friday. The brokerage currently has a “sector perform” rating on the credit services provider’s stock. Royal Bank of Canada’s price objective would suggest a potential upside of 2.57% from the company’s current price.

A number of other brokerages also recently issued reports on EFX. Zacks Investment Research raised shares of Equifax from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 14th. Wells Fargo & Co set a $127.00 price target on shares of Equifax and gave the stock a “buy” rating in a report on Friday, October 6th. Evercore ISI reissued an “outperform” rating and set a $110.00 price target on shares of Equifax in a report on Tuesday, September 26th. Robert W. Baird restated a “buy” rating and set a $137.00 price objective on shares of Equifax in a research report on Tuesday, January 9th. Finally, Stephens restated an “equal weight” rating and set a $110.00 price objective on shares of Equifax in a research report on Wednesday, October 4th. Nine equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $129.47.

Shares of Equifax (NYSE EFX) traded down $0.38 during midday trading on Friday, reaching $122.84. 929,300 shares of the company were exchanged, compared to its average volume of 1,237,275. Equifax has a 12-month low of $89.59 and a 12-month high of $147.02. The stock has a market capitalization of $14,750.00, a P/E ratio of 27.79, a PEG ratio of 2.11 and a beta of 0.95. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.67 and a quick ratio of 0.67.

Equifax (NYSE:EFX) last announced its quarterly earnings results on Thursday, November 9th. The credit services provider reported $1.53 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.49 by $0.04. Equifax had a net margin of 16.18% and a return on equity of 24.45%. The firm had revenue of $834.80 million for the quarter, compared to the consensus estimate of $847.28 million. During the same period in the prior year, the firm posted $1.44 earnings per share. The firm’s quarterly revenue was up 3.8% compared to the same quarter last year. equities analysts predict that Equifax will post 5.92 earnings per share for the current fiscal year.

A number of large investors have recently bought and sold shares of the business. YorkBridge Wealth Partners LLC raised its position in Equifax by 5.0% during the second quarter. YorkBridge Wealth Partners LLC now owns 781 shares of the credit services provider’s stock worth $108,000 after acquiring an additional 37 shares during the period. National Asset Management Inc. raised its position in shares of Equifax by 3.0% in the second quarter. National Asset Management Inc. now owns 1,930 shares of the credit services provider’s stock valued at $267,000 after buying an additional 57 shares during the last quarter. Sentry Investment Management LLC raised its position in shares of Equifax by 1.4% in the second quarter. Sentry Investment Management LLC now owns 7,057 shares of the credit services provider’s stock valued at $970,000 after buying an additional 96 shares during the last quarter. HighTower Advisors LLC raised its position in shares of Equifax by 0.5% in the second quarter. HighTower Advisors LLC now owns 19,836 shares of the credit services provider’s stock valued at $2,716,000 after buying an additional 97 shares during the last quarter. Finally, Nordea Investment Management AB raised its position in shares of Equifax by 0.6% in the second quarter. Nordea Investment Management AB now owns 27,468 shares of the credit services provider’s stock valued at $3,775,000 after buying an additional 177 shares during the last quarter. Institutional investors own 95.12% of the company’s stock.

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About Equifax

Equifax Inc is a global provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates in four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Global Consumer Solutions. Its products and services are based on databases of consumer and business information derived from various sources, including credit, financial assets, telecommunications and utility payments, employment, income, demographic and marketing data.

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