Equifax (NYSE:EFX) was downgraded by stock analysts at Barclays from an “overweight” rating to an “equal weight” rating in a note issued to investors on Thursday, MarketBeat.com reports. They currently have a $128.00 price objective on the credit services provider’s stock, up from their previous price objective of $115.00. Barclays’ target price indicates a potential upside of 9.03% from the company’s previous close.

Other equities analysts have also recently issued reports about the company. SunTrust Banks boosted their price target on Equifax from $110.00 to $155.00 in a report on Friday, September 15th. Deutsche Bank reissued a “buy” rating and issued a $115.00 price target on shares of Equifax in a report on Tuesday, September 19th. J P Morgan Chase & Co reissued a “buy” rating on shares of Equifax in a report on Friday, September 8th. Robert W. Baird reissued a “buy” rating and issued a $141.00 price target on shares of Equifax in a report on Tuesday, September 12th. Finally, Evercore ISI reissued a “buy” rating and issued a $174.00 price target on shares of Equifax in a report on Saturday, September 9th. Nine analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Equifax currently has an average rating of “Hold” and an average target price of $128.07.

Equifax (NYSE:EFX) traded down $0.82 during midday trading on Thursday, hitting $117.40. The stock had a trading volume of 1,317,100 shares, compared to its average volume of 1,587,248. Equifax has a 12 month low of $89.59 and a 12 month high of $147.02. The firm has a market capitalization of $14,100.00, a PE ratio of 19.73, a price-to-earnings-growth ratio of 1.99 and a beta of 0.94. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.67 and a current ratio of 0.67.

Equifax (NYSE:EFX) last released its quarterly earnings results on Thursday, November 9th. The credit services provider reported $1.53 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.49 by $0.04. Equifax had a return on equity of 24.45% and a net margin of 16.18%. The company had revenue of $834.80 million during the quarter, compared to analysts’ expectations of $847.28 million. During the same period in the previous year, the firm posted $1.44 earnings per share. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. analysts forecast that Equifax will post 5.93 EPS for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in EFX. IFP Advisors Inc increased its stake in Equifax by 24.6% in the second quarter. IFP Advisors Inc now owns 928 shares of the credit services provider’s stock valued at $128,000 after purchasing an additional 183 shares during the last quarter. Canada Pension Plan Investment Board increased its stake in Equifax by 68.3% in the second quarter. Canada Pension Plan Investment Board now owns 75,417 shares of the credit services provider’s stock valued at $10,364,000 after purchasing an additional 30,598 shares during the last quarter. Schwab Charles Investment Management Inc. increased its stake in Equifax by 4.0% in the second quarter. Schwab Charles Investment Management Inc. now owns 385,881 shares of the credit services provider’s stock valued at $53,028,000 after purchasing an additional 14,724 shares during the last quarter. First Trust Advisors LP increased its stake in Equifax by 294.6% in the second quarter. First Trust Advisors LP now owns 107,792 shares of the credit services provider’s stock valued at $14,813,000 after purchasing an additional 80,477 shares during the last quarter. Finally, LMR Partners LLP increased its stake in Equifax by 136.4% in the second quarter. LMR Partners LLP now owns 4,003 shares of the credit services provider’s stock valued at $551,000 after purchasing an additional 2,310 shares during the last quarter. Hedge funds and other institutional investors own 95.45% 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.

Analyst Recommendations for Equifax (NYSE:EFX)

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