Equifax Inc. Looks to Continue to Trade Above its Annual-High Share Price Today

Shares of Equifax Inc. EFX traded today at $287.62, eclipsing its 12-month high. This new high was reached on below-average trading volume as 89,000 shares traded hands, while the average 30-day volume is approximately 625,000 shares.

Along with Experian and TransUnion, Equifax is one of the leading credit bureaus in the United States. Equifax’s credit reports provide credit histories on millions of consumers, and the firm’s services are critical to lenders’ credit decisions. In addition, about a third of the firm’s revenue comes from workforce solutions, which provides income verification and employer human resources services. Equifax generates over 20% of its revenue from outside the United States.

In the past 12 months, Equifax Inc. share prices are bracketed by a low of $149.51 and a high of $287.62 and are now at $284.79, 90% above that low price.

Based on a current price of $284.79, Equifax Inc. is currently 25.0% above its average consensus analyst price target of $213.70.

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