In a report released today, Manav Patnaik from Barclays maintained a Hold rating on TransUnion (TRU – Research Report), with a price target of $75.00. The company’s shares closed yesterday at $74.29.
According to TipRanks, Patnaik is a 5-star analyst with an average return of 10.8% and a 62.79% success rate. Patnaik covers the Industrials sector, focusing on stocks such as WillScot Mobile Mini Holdings, Equifax, and Thomson Reuters.
In addition to Barclays, TransUnion also received a Hold from Bank of America Securities’s Heather Balsky in a report issued on April 11. However, yesterday, Needham reiterated a Buy rating on TransUnion (NYSE: TRU).
Based on TransUnion’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $968 million and a net profit of $53.9 million. In comparison, last year the company earned a revenue of $948.3 million and had a net profit of $95.6 million
Based on the recent corporate insider activity of 70 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TRU in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
TransUnion (TRU) Company Description:
TransUnion engages in the provision of information and risk management solutions. It also provides consumer reports, risk scores, analytical services and decision making capabilities to businesses. It operates through the following segments: U.S. Information Services (USIS), International, Consumer Interactive, and Corporate. The USIS segment provides consumer reports, risk scores, analytical services and decision making capabilities to businesses. The International segment provides credit reports, analytics and decision making services and other value-added risk management services. The Consumer Interactive segment offers solutions that help consumers manage their personal finances and take precautions against identity theft. The Corporate segment provides support services to each segment, holds investments and conducts enterprise functions. The company was founded on February 15, 2012 and is headquartered in Chicago, IL.
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