logo-loader

Friday's line-up: Experian ends the week after retail ups and downs

JP Morgan analysts met with EXPN’s management back in November. The feedback was that investment in growth initiatives - in areas such as health - was now coming through, particularly in North America.

Experian_.png
Experian is the world's largest credit checking company

Friday’s trading session follows four days of ups and downs for London-listed retailers and their shareholders.

It’s fair to say UK shops and supermarkets had a mixed Christmas.

Offline to online shopping was the theme, with the rainy weather putting people off walking the high streets.

Credit expert Experian (LON:EXPN) would probably stress the importance of budgeting in and around the festive period.

Its own finances will be under scrutiny tomorrow when the firm sends out a trading update.

JP Morgan analysts met with EXPN’s management back in November.

The feedback was that investment in growth initiatives - in areas such as health - was now coming through, particularly in North America.

Auto, business information and mortgages were also mentioned as strong areas.

At that point the investment bank had a 1,356p price target on the shares – a 20 per cent upside on current levels. 

Not much else in the way of company announcements, although there’s US data to look out for.

Stats will tell us how much the manufacturing sector is acting as a dampener on US economic activity (industrial production data for December) and how far the US consumer is offsetting this (retail sales for December), both released on Friday.

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Electric vehicle sales to accelerate following coronavirus pandemic

Roskill analyst Jose Lazuen tells Proactive London's Andrew Scott severe falls were expected in EV sales but that European and Chinese policies coupled with consumer preferences have shown them to remain strong. He adds that policy is going to favour and push EV sales in certain jurisdictions...

19 hours, 23 minutes ago

2 min read