Credit Suisse Sticks to Their Hold Rating for TransUnion (TRU)

By Jason Carr

Credit Suisse analyst Kevin Mcveigh maintained a Hold rating on TransUnion (TRUResearch Report) on July 31. The company’s shares closed last Monday at $86.36.

According to TipRanks.com, Mcveigh is a 4-star analyst with an average return of 4.9% and a 59.4% success rate. Mcveigh covers the Services sector, focusing on stocks such as Emerald Expositions Events, Heidrick & Struggles, and Target Hospitality.

Currently, the analyst consensus on TransUnion is a Strong Buy with an average price target of $101.40, implying a 16.1% upside from current levels. In a report issued on July 29, Jefferies also maintained a Hold rating on the stock with a $95.00 price target.

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TransUnion’s market cap is currently $16.42B and has a P/E ratio of 53.30. The company has a Price to Book ratio of -4.90.

Based on the recent corporate insider activity of 69 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 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.