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An announcement from Experian ( (GB:EXPN) ) is now available.
Experian plc has announced the continuation of its share repurchase program, purchasing 39,126 ordinary shares on the London Stock Exchange. The shares, bought at a weighted average price of 3,672.7742 pence, will be held as treasury shares, increasing the total to 56,111,170. This move is part of Experian’s strategy to manage its capital structure and return value to shareholders, reflecting confidence in its financial health and future prospects.
The most recent analyst rating on (GB:EXPN) stock is a Hold with a £4120.00 price target. To see the full list of analyst forecasts on Experian stock, see the GB:EXPN Stock Forecast page.
Spark’s Take on GB:EXPN Stock
According to Spark, TipRanks’ AI Analyst, GB:EXPN is a Neutral.
Experian’s overall stock score is driven primarily by its strong financial performance, which highlights robust revenue growth and efficient cash flow management. However, the technical analysis indicates short-term bearish momentum, and the high P/E ratio suggests a premium valuation, which could limit upside potential. The absence of earnings call data and corporate events means these factors do not influence the score.
To see Spark’s full report on GB:EXPN stock, click here.
More about Experian
Experian is a global data and technology company that provides services across various sectors including financial services, healthcare, automotive, agrifinance, and insurance. The company specializes in redefining lending practices, preventing fraud, simplifying healthcare, delivering digital marketing solutions, and offering insights into the automotive market using data, analytics, and software. Experian is a FTSE 100 Index company listed on the London Stock Exchange, headquartered in Dublin, Ireland, with a workforce of 25,200 people across 32 countries.
Average Trading Volume: 1,555,680
Technical Sentiment Signal: Buy
Current Market Cap: £34.1B
See more insights into EXPN stock on TipRanks’ Stock Analysis page.