Experian: supported by a broker upgrade

(CercleFinance.com) - Experian is up 2% in London with the support of Morgan Stanley, which raises its recommendation on the marketing services group's share from equal weight to overweight with a target price up from 2820 to 3330 pence.


“Trading during COVID has been resilient, and structural growth trends have accelerated further”, notes the broker, adding that “the B2C (business to consumer) outlook is even more bullish than we initially anticipated”.

“The stock remains expensive, as ever, but we find waiting for a pullback has rarely worked”, adds Morgan Stanley in the summary of its research note.

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