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Home / Support and Resistance / Experian (EXPN.L) 05-11-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Experian (EXPN.L) 05-11-19

Will Experian (EXPN.L) shares break below the 2387p support zone, or will it return to highs of 2631p (+9%)?

 

  • Currently trading around the 2387p support at 2399p (at time of writing).
  • The price has tested this level repeatedly. Traders should be mindful of stop-loss placement.
  • Highs of 2631p have been seen in the recent past. Will we see this again? (+9%)
  • Shares -8% from 12-month highs; +33% from 12 month lows.

Latest News

04 Nov:  Goldman Sachs reiterates its neutral rating on Experian (EXPN) and reduced the target price to 2500p (from 2600p).

23 Oct:  RBC Capital Markets today initiates coverage of Experian (EXPN) with a outperform rating and target price of 2700p.

11 Oct:  Deutsche Bank reiterates its sell rating on Experian (EXPN) and increased the target price to 2000p (from 1800p).

16 Jul:  Experian, the information services company,  announced that overall revenue grew only 4% during Q1 as lower UK and Ireland revenues dampened performance.

25 Jun:  UBS reiterates its buy rating on Experian (EXPN) and increased the target price to 2750p (from 2400p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

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