RBC Capital analyst Ashish Sabadra maintains $TransUnion (TRU.US)$ with a buy rating, and maintains the target price at $121.
According to TipRanks data, the analyst has a success rate of 60.6% and a total average return of 6.2% over the past year.
Furthermore, according to the comprehensive report, the opinions of $TransUnion (TRU.US)$'s main analysts recently are as follows:
The firm acknowledges TransUnion's robust performance and an upward revision in guidance. It anticipates continued positive momentum as credit markets return to normalcy.
TransUnion's third quarter results were robust, with an adjusted EPS of $1.04, surpassing both the anticipated estimate of $1.03 and the consensus of $1.01. In light of this performance, the company has increased its full-year guidance for FY24, indicating sustained business momentum.
The firm believes that favorable structural growth, improved macroeconomic conditions, and specific factors related to the company will support robust multi-year expansion. Additionally, the firm finds the valuation appealing when adjusted for macroeconomic and consumer credit cycle considerations.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
