Experian: Crédit Suisse raises target price
(CercleFinance.com) - Crédit Suisse reaffirms its 'outperform' rating on Experian with a target price raised to 3600 pence from 3450 pence, in the wake of increased EPS estimates for the Irish marketing services group.
In its research note, the broker explains that it is upping its EPS assumptions 2-4% for the 2022-23 financial year, to reflect strong growth in B2C (business to consumer) in Brazil and North America.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
In its research note, the broker explains that it is upping its EPS assumptions 2-4% for the 2022-23 financial year, to reflect strong growth in B2C (business to consumer) in Brazil and North America.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.