Argus Issues a Downgrade for Equifax Inc (NYSE:EFX) from a “Buy” to “Hold” Rating

September 17, 2017 - By reb123z

 Argus Issues a Downgrade for Equifax Inc (NYSE:EFX) from a

Investors sentiment decreased to 0.95 in Q4 2016. Its down 0.01, from 0.96 in 2016Q3. It worsened, as 56 investors sold Equifax Inc. shares while 182 reduced holdings. 61 funds opened positions while 164 raised stakes. 104.52 million shares or 2.87% more from 101.60 million shares in 2016Q3 were reported.

Federated Incorporated Pa has 290,524 shares for 0.1% of their portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 33,869 shares. Next Financial Group owns 300 shares. National Pension Serv invested 0.08% of its portfolio in Equifax Inc. (NYSE:EFX). Jupiter Asset Mngmt Ltd has 71,100 shares for 0.31% of their portfolio. Capital owns 1.00M shares. Wellington Shields accumulated 0.83% or 13,399 shares. 41,686 were accumulated by Fiduciary Tru. Nordea Invest has invested 0.01% of its portfolio in Equifax Inc. (NYSE:EFX). Fisher Asset Mgmt Lc stated it has 187,118 shares. Bluecrest Capital Management owns 0.06% invested in Equifax Inc. (NYSE:EFX) for 9,000 shares. Mountain Pacific Invest Advisers Inc Id has 3.26% invested in Equifax Inc. (NYSE:EFX) for 257,515 shares. 97,825 are held by Colony Group Ltd Liability Com. Aqr Cap Ltd Com, Connecticut-based fund reported 771,461 shares. Wellington Mngmt Grp Ltd Liability Partnership reported 0.15% in Equifax Inc. (NYSE:EFX).

Since May 23, 2017, it had 0 insider buys, and 1 sale for $1.91 million activity.

Equifax Inc (NYSE:EFX) Receives a Downgrade

In a research report revealed on Friday morning, Argus announced that they will be downgrading shares of Equifax Inc (NYSE:EFX) from a “Buy” to a “Hold” rating.

Investors sentiment decreased to 0.95 in Q4 2016. Its down 0.01, from 0.96 in 2016Q3. It worsened, as 56 investors sold Equifax Inc. shares while 182 reduced holdings. 61 funds opened positions while 164 raised stakes. 104.52 million shares or 2.87% more from 101.60 million shares in 2016Q3 were reported.

Federated Incorporated Pa has 290,524 shares for 0.1% of their portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 33,869 shares. Next Financial Group owns 300 shares. National Pension Serv invested 0.08% of its portfolio in Equifax Inc. (NYSE:EFX). Jupiter Asset Mngmt Ltd has 71,100 shares for 0.31% of their portfolio. Capital owns 1.00M shares. Wellington Shields accumulated 0.83% or 13,399 shares. 41,686 were accumulated by Fiduciary Tru. Nordea Invest has invested 0.01% of its portfolio in Equifax Inc. (NYSE:EFX). Fisher Asset Mgmt Lc stated it has 187,118 shares. Bluecrest Capital Management owns 0.06% invested in Equifax Inc. (NYSE:EFX) for 9,000 shares. Mountain Pacific Invest Advisers Inc Id has 3.26% invested in Equifax Inc. (NYSE:EFX) for 257,515 shares. 97,825 are held by Colony Group Ltd Liability Com. Aqr Cap Ltd Com, Connecticut-based fund reported 771,461 shares. Wellington Mngmt Grp Ltd Liability Partnership reported 0.15% in Equifax Inc. (NYSE:EFX).

Since May 23, 2017, it had 0 insider buys, and 1 sale for $1.91 million activity.

Equifax Inc. (NYSE:EFX) Ratings Coverage

Among 15 analysts covering Equifax Inc (NYSE:EFX), 10 have Buy rating, 1 Sell and 4 Hold. Therefore 67% are positive. Equifax Inc has $174.0 highest and $101 lowest target. $138.64’s average target is 49.11% above currents $92.98 stock price. Equifax Inc had 39 analyst reports since July 24, 2015 according to SRatingsIntel. Stifel Nicolaus maintained it with “Buy” rating and $143 target in Friday, July 29 report. The firm earned “Outperform” rating on Friday, April 8 by William Blair. Evercore maintained the shares of EFX in report on Friday, September 8 with “Buy” rating. On Monday, May 1 the stock rating was downgraded by Stephens to “Equal Weight”. The stock of Equifax Inc. (NYSE:EFX) earned “Buy” rating by Cowen & Co on Thursday, July 27. The rating was upgraded by Deutsche Bank on Friday, February 12 to “Buy”. RBC Capital Markets maintained it with “Buy” rating and $144 target in Friday, March 31 report. The stock of Equifax Inc. (NYSE:EFX) has “Overweight” rating given on Wednesday, September 21 by Barclays Capital. The stock has “Outperform” rating by Cowen & Co on Wednesday, March 30. As per Friday, September 15, the company rating was downgraded by Argus Research.

The stock decreased 3.81% or $3.68 on September 15, reaching $92.98. About 16.71M shares traded or 345.60% up from the average. Equifax Inc. (NYSE:EFX) has risen 11.28% since September 17, 2016 and is uptrending. It has underperformed by 5.42% the S&P500.

Wall Street await Equifax Inc. (NYSE:EFX) to release earnings on October, 25. Analysts forecast EPS of $1.52, up exactly $0.08 or 5.56 % from 2014’s $1.44 EPS. The expected EFX’s profit could reach $182.93M giving the stock 15.29 P/E in the case that $1.52 earnings per share is reported. After posting $1.60 EPS for the previous quarter, Equifax Inc.’s analysts now forecast -5.00 % negative EPS growth.

Equifax Inc. is a global provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The company has market cap of $11.19 billion. The Firm operates in four divisions: U.S. It has a 19.67 P/E ratio. Information Solutions , International, Workforce Solutions and Global Consumer Solutions.

More notable recent Equifax Inc. (NYSE:EFX) news were published by: Forbes.com which released: “Equifax: A Category 5 Cybersecurity Crisis Storm. Chances Are It Will Hit You” on September 09, 2017, also Bloomberg.com with their article: “Analysts Keep Saying Buy, and Equifax Keeps Plunging” published on September 13, 2017, Marketwatch.com published: “2 top Equifax execs retire in wake of massive data breach” on September 16, 2017. More interesting news about Equifax Inc. (NYSE:EFX) were released by: Seekingalpha.com and their article: “Liabilities Could Be Troubling For Equifax” published on September 15, 2017 as well as Seekingalpha.com‘s news article titled: “Where Can Equifax Go From Here?” with publication date: September 13, 2017.

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