SunTrust Banks Boosts Equifax (NYSE:EFX) Price Target to $155.00
Equifax (NYSE:EFX) had its target price increased by SunTrust Banks to $155.00 in a research note published on Friday morning, The Fly reports. The brokerage currently has a buy rating on the credit services provider’s stock. SunTrust Banks also issued estimates for Equifax’s FY2019 earnings at $5.59 EPS.
A number of other brokerages also recently commented on EFX. ValuEngine downgraded Zynerba Pharmaceuticals from a buy rating to a hold rating in a research report on Tuesday, May 28th. Royal Bank of Canada set a $184.00 price target on Jazz Pharmaceuticals and gave the company a buy rating in a research report on Wednesday, July 3rd. Barclays increased their price target on WEX from $222.00 to $238.00 and gave the company an overweight rating in a research report on Monday, May 6th. Morgan Stanley set a $620.00 price target on Intuitive Surgical and gave the company a buy rating in a research report on Friday, July 19th. Finally, Zacks Investment Research downgraded HEXO from a hold rating to a sell rating in a research report on Wednesday, May 15th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company’s stock. Equifax presently has an average rating of Hold and an average target price of $130.09.
Shares of Equifax stock opened at $142.72 on Friday. The stock has a market capitalization of $17.19 billion, a P/E ratio of 24.65, a PEG ratio of 2.97 and a beta of 1.24. Equifax has a 52 week low of $88.68 and a 52 week high of $144.03. The business has a 50 day moving average of $136.06. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 1.09.
A number of large investors have recently added to or reduced their stakes in EFX. Norges Bank purchased a new stake in Equifax in the fourth quarter worth $102,210,000. FMR LLC increased its position in Equifax by 170.6% in the first quarter. FMR LLC now owns 1,737,197 shares of the credit services provider’s stock worth $205,857,000 after buying an additional 1,095,138 shares during the last quarter. Bessemer Group Inc. increased its position in Equifax by 101,464.1% in the second quarter. Bessemer Group Inc. now owns 404,225 shares of the credit services provider’s stock worth $54,669,000 after buying an additional 403,827 shares during the last quarter. New York State Common Retirement Fund increased its position in Equifax by 68.3% in the first quarter. New York State Common Retirement Fund now owns 618,290 shares of the credit services provider’s stock worth $73,267,000 after buying an additional 250,960 shares during the last quarter. Finally, SG Americas Securities LLC increased its position in Equifax by 1,266.6% in the first quarter. SG Americas Securities LLC now owns 234,374 shares of the credit services provider’s stock worth $27,773,000 after buying an additional 217,224 shares during the last quarter. 94.71% of the stock is 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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