This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
Momentum Investing – P5 – Experian
Experian
Source: CMC Markets, Date: 31.05.2018
Experian a consumer credit reporting agency, responsible for collecting and analysing information from hundreds of millions of individuals.
After a period of negative momentum in the beginning of the year, Experian shares have been trending strongly upwards since April. Shares have risen 17.4% in April-May 2018 overall and there are individual instances where periods of both positive and negative momentum could have been used as potential investment opportunities, by entering either a long or short position in the market.
Broker consensus is strongly Bullish, with 73% of analysts recommending “buy” and only 6.7% advocating “sell”. (Source: Bloomberg, Date: 31.05.2018)
Brokers’ average 12-month target price is 1857.3p. The latest recommendation from Jefferies is classifying the stock as a “Hold”, with a target price of 1720p. (Source: Bloomberg, Date: 31.05.2018)
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Prepared by Michael van Dulken, Head of Research
