Barclays Upgrades TransUnion to Overweight

Brokerage firm Barclays Upgrades its rating on TransUnion(NYSE:TRU). The shares have been rated Overweight. Previously, the analysts had a Equal-weight rating on the shares. The rating by Barclays was issued on Sep 21, 2016.

In a different note, On Jul 27, 2016, Barclays said it Maintains its rating on TransUnion. In the research note, the firm Raises the price-target to $30.00 per share. The shares have been rated ‘Equalweight’ by the firm.

TransUnion (TRU) made into the market gainers list on Tuesdays trading session with the shares advancing 0.73% or 0.24 points. Due to strong positive momentum, the stock ended at $33.1, which is also near the day’s high of $33.25. The stock began the session at $33.07 and the volume stood at 13,69,728 shares. The 52-week high of the shares is $35.79 and the 52 week low is $20.43. The company has a current market capitalization of $6,048 M and it has 18,27,25,310 shares in outstanding.

TransUnion(TRU) last announced its earnings results on Jul 26, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $425.70M. Analysts had an estimated revenue of $414.66M. Earnings per share were $0.37. Analysts had estimated an EPS of $0.33.

Several Insider Transactions has been reported to the SEC. On Sep 16, 2016, James M Peck (President and CEO) sold 75,000 shares at $32.82 per share price.Also, On Sep 16, 2016, David M Neenan (EVP – International) sold 52,000 shares at $32.82 per share price.On Sep 16, 2016, Samuel A Hamood (EVP & CFO) sold 30,000 shares at $32.82 per share price, according to the Form-4 filing with the securities and exchange commission.

TransUnion formerly TransUnion Holding Company Inc. is a risk and information solutions provider to businesses and consumers. The Company manages its business in three segments: U.S. Information Services (USIS) International and Consumer Interactive. USIS segment provides consumer reports risk scores analytical services and decisioning capabilities to businesses. Its International segment includes Developed Markets which include Canada and Hong Kong and Emerging Markets which include South Africa Brazil India and other countries in the Africa Latin America and Asia Pacific regions. Consumer Interactive segment include credit reports and scores credit monitoring fraud protection and resolution and financial management. The Company’s solutions include AdSurety CreditVision Insurance Coverage Discovery and TLOxp. It has a global presence in over 30 countries across North America Africa Latin America and Asia.

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