Wells Fargo & Company Issues Pessimistic Forecast for Equifax (NYSE:EFX) Stock Price

Equifax (NYSE:EFX) had its price objective cut by investment analysts at Wells Fargo & Company from $321.00 to $313.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage presently has an “overweight” rating on the credit services provider’s stock. Wells Fargo & Company‘s price target would suggest a potential upside of 17.19% from the stock’s current price.

EFX has been the topic of a number of other research reports. Wolfe Research lowered shares of Equifax from an “outperform” rating to a “peer perform” rating in a research note on Thursday, December 12th. Oppenheimer decreased their target price on Equifax from $315.00 to $286.00 and set an “outperform” rating for the company in a research report on Tuesday, November 19th. Stifel Nicolaus dropped their price target on Equifax from $305.00 to $284.00 and set a “buy” rating on the stock in a research report on Wednesday, November 20th. Robert W. Baird lifted their price objective on shares of Equifax from $290.00 to $333.00 and gave the stock an “outperform” rating in a report on Friday, October 18th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Equifax from $304.00 to $283.00 and set an “overweight” rating on the stock in a report on Tuesday, November 19th. Two investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $310.41.

Equifax Trading Down 0.2 %

EFX opened at $267.09 on Monday. Equifax has a 12-month low of $213.02 and a 12-month high of $309.63. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.88 and a quick ratio of 0.88. The stock has a market capitalization of $33.11 billion, a PE ratio of 59.35, a P/E/G ratio of 2.84 and a beta of 1.58. The firm’s fifty day moving average price is $261.48 and its 200 day moving average price is $275.12.

Insider Buying and Selling

In other Equifax news, EVP Lisa M. Nelson sold 551 shares of the company’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 completion of the sale, the executive vice president now directly owns 11,697 shares of the company’s stock, valued at approximately $3,045,781.83. This represents a 4.50 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.66% of the stock is owned by corporate insiders.

Institutional Trading of Equifax

Hedge funds and other institutional investors have recently made changes to their positions in the business. Greenleaf Trust lifted its position in shares of Equifax by 2.2% during the 4th quarter. Greenleaf Trust now owns 1,702 shares of the credit services provider’s stock valued at $434,000 after acquiring an additional 37 shares during the last quarter. Inspire Investing LLC lifted its holdings in shares of Equifax by 4.2% during the fourth quarter. Inspire Investing LLC now owns 1,012 shares of the credit services provider’s stock valued at $258,000 after purchasing an additional 41 shares during the last quarter. Cromwell Holdings LLC boosted its holdings 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 during the period. Howard Capital Management Inc. increased its position in shares of Equifax by 5.4% in the fourth quarter. Howard Capital Management Inc. now owns 879 shares of the credit services provider’s stock worth $224,000 after acquiring an additional 45 shares in the last quarter. Finally, Concurrent Investment Advisors LLC raised its holdings in shares of Equifax by 6.1% during the fourth quarter. Concurrent Investment Advisors LLC now owns 799 shares of the credit services provider’s stock valued at $204,000 after acquiring an additional 46 shares during the period. 96.20% of the stock is currently owned by institutional investors.

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.