Experian downgraded to Underperform from Sector Perform at RBC Capital

RBC Capital analyst Karl Green downgraded Experian to Underperform from Sector Perform with a 2,500 GBp price target. The analyst expects a tough year for European business services stocks, saying Valuations don’t look "particularly attractive" in a historical context. There remains a "large disparity" between defensive and cyclical names, while the sector also faces higher than average earnings risk against difficult comparatives, Brooke tells investors in a research note.