Shares of Equiniti Group PLC (LON:EQN) have earned an average recommendation of “Hold” from the six research firms that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is GBX 302.17 ($4.17).
A number of analysts have weighed in on EQN shares. Peel Hunt reissued an “add” rating and set a GBX 293 ($4.05) target price on shares of Equiniti Group in a research report on Tuesday, January 23rd. Liberum Capital reissued a “buy” rating and set a GBX 320 ($4.42) target price on shares of Equiniti Group in a research report on Thursday, February 1st. Berenberg Bank started coverage on shares of Equiniti Group in a research report on Wednesday, November 29th. They set a “buy” rating and a GBX 345 ($4.77) target price for the company. Finally, Credit Suisse Group reissued an “underperform” rating and set a GBX 270 ($3.73) target price on shares of Equiniti Group in a research report on Thursday, January 11th.
Shares of Equiniti Group (EQN) opened at GBX 277.50 ($3.83) on Tuesday. The firm has a market cap of $1,010.00 and a P/E ratio of 3,083.33. Equiniti Group has a 52-week low of GBX 170.83 ($2.36) and a 52-week high of GBX 319.30 ($4.41).
In other news, insider Guy Wakeley bought 10,000 shares of the firm’s stock in a transaction on Wednesday, December 20th. The stock was acquired at an average price of GBX 285 ($3.94) per share, with a total value of £28,500 ($39,375.52).
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Equiniti Group Company Profile
Equiniti Group plc provides complex administration and payment services, supported by technology platforms, to a range of organizations. The Company’s segments include Investment Solutions, Intelligent Solutions, Pension Solutions and Interest. The Investment Solutions offers a range of services, including share registration for around half the Financial Times Stock Exchange (FTSE) 100, and the administration of save as you earn (SAYE) schemes and share incentive plans.
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