RBC downgrades Equifax to Sector Perform and lifts price target to $189
RBC Capital analyst Ashish Sabadra cut Equifax’s rating from Outperform to Sector Perform and raised the target price to $189 from $177. The downgrade cites persistent mortgage‑market weakness, a possible softening of consumer lending and regulatory risk from a shift to a bi‑merge reporting system. RBC also projects a fiscal‑2027 earnings per share of $9.00, below the consensus of about $9.66, and flags a $80 million annual revenue risk from the regulatory change.
Why it matters
RBC’s lower EPS estimate and valuation concerns could pressure the stock, while the $189 target, equal to 21 times the projected EPS, sets a new upside ceiling for investors (the company’s note says).
Key facts
- 1RBC downgraded Equifax to Sector Perform from Outperform. investing.com
- 2RBC raised its price target to $189 from $177. investing.com
- 3RBC’s fiscal 2027 EPS estimate is $9.00, below the consensus of approximately $9.66. investing.com
- 4Equifax’s outlook implies U.S. mortgage credit inquiries will decline by more than 20% in Q4 2026. tradingview.com
- 5RBC estimates the bi‑merge regulatory shift could cost about $80 million of revenue per year. tradingview.com
- 6Equifax shares fell 2.7% to $178.03, down 2.4% from the prior close after the downgrade. tradingview.com
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.