Equifax (NYSE:EFX) Price Target Lowered to $316.00 at Morgan Stanley

Equifax (NYSE:EFX) had its price target decreased by equities researchers at Morgan Stanley from $320.00 to $316.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage presently has an “overweight” rating on the credit services provider’s stock. Morgan Stanley’s price target suggests a potential upside of 14.62% from the company’s current price.

Several other brokerages have also issued reports on EFX. JPMorgan Chase & Co. decreased their price target on shares of Equifax from $304.00 to $283.00 and set an “overweight” rating for the company in a research note on Tuesday, November 19th. UBS Group assumed coverage on shares of Equifax in a report on Tuesday, October 1st. They issued a “buy” rating and a $360.00 price objective for the company. Oppenheimer cut their price objective on shares of Equifax from $315.00 to $286.00 and set an “outperform” rating for the company in a report on Tuesday, November 19th. Stifel Nicolaus cut their price objective on shares of Equifax from $305.00 to $284.00 and set a “buy” rating for the company in a report on Wednesday, November 20th. Finally, Wells Fargo & Company cut their price target on shares of Equifax from $325.00 to $321.00 and set an “overweight” rating for the company in a report on Friday, January 10th. Two research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $310.88.

Equifax Stock Performance

Shares of EFX stock traded up $0.76 during trading hours on Tuesday, hitting $275.70. 117,901 shares of the company were exchanged, compared to its average volume of 864,541. The firm has a fifty day simple moving average of $259.25 and a 200 day simple moving average of $274.65. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.96. Equifax has a 52-week low of $213.02 and a 52-week high of $309.63. The stock has a market capitalization of $34.17 billion, a price-to-earnings ratio of 61.24, a P/E/G ratio of 2.80 and a beta of 1.57.

Insider Buying and Selling

In other Equifax news, EVP Lisa M. Nelson sold 551 shares of the business’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $260.39, for a total value of $143,474.89. Following the transaction, the executive vice president now owns 11,697 shares in the company, valued at approximately $3,045,781.83. The trade was a 4.50 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.57% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Equifax

Large investors have recently modified their holdings of the stock. Greenleaf Trust lifted its stake in shares of Equifax by 2.2% in the fourth quarter. Greenleaf Trust now owns 1,702 shares of the credit services provider’s stock worth $434,000 after buying an additional 37 shares in the last quarter. Inspire Investing LLC lifted its stake in shares of Equifax by 4.2% in the fourth quarter. Inspire Investing LLC now owns 1,012 shares of the credit services provider’s stock worth $258,000 after buying an additional 41 shares in the last quarter. Cromwell Holdings LLC lifted its stake in shares of Equifax by 13.5% in the third quarter. Cromwell Holdings LLC now owns 371 shares of the credit services provider’s stock worth $109,000 after buying an additional 44 shares in the last quarter. Chicago Partners Investment Group LLC lifted its stake in shares of Equifax by 3.7% in the third quarter. Chicago Partners Investment Group LLC now owns 1,474 shares of the credit services provider’s stock worth $401,000 after buying an additional 53 shares in the last quarter. Finally, Mitchell & Pahl Private Wealth LLC lifted its stake in shares of Equifax by 1.9% in the third quarter. Mitchell & Pahl Private Wealth LLC now owns 2,936 shares of the credit services provider’s stock worth $863,000 after buying an additional 56 shares in the last quarter. Institutional investors own 96.20% of the company’s stock.

Equifax Company Profile

Equifax Inc operates as a data, analytics, and technology company. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers services that enables customers to verify income, employment, educational history, criminal justice data, healthcare professional licensure, and sanctions of people in the United States; and employer customers with services that assist them in complying with and automating payroll-related and human resource management processes throughout the entire cycle of the employment relationship.