Equiniti (EQN) Stock Rating Reaffirmed by Barclays

Equiniti (LON:EQN)‘s stock had its “overweight” rating restated by equities researchers at Barclays in a research note issued on Friday, May 4th.

Several other equities analysts also recently commented on the stock. Credit Suisse Group reiterated an “underperform” rating and issued a GBX 270 ($3.66) price objective on shares of Equiniti in a report on Thursday, January 11th. Peel Hunt restated an “add” rating and issued a GBX 293 ($3.97) price target on shares of Equiniti in a research note on Wednesday, March 7th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 345 ($4.68) price objective on shares of Equiniti in a research report on Wednesday, March 28th. Finally, Liberum Capital reaffirmed a “buy” rating and set a GBX 320 ($4.34) price objective on shares of Equiniti in a research report on Monday, March 5th. One analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of GBX 302.17 ($4.10).

Equiniti traded down GBX 3 ($0.04), reaching GBX 278 ($3.77), during trading on Friday, according to Marketbeat Ratings. 592,987 shares of the stock were exchanged, compared to its average volume of 1,310,000. Equiniti has a twelve month low of GBX 178.31 ($2.42) and a twelve month high of GBX 330 ($4.48).

In related news, insider Philip Yea acquired 36,198 shares of the company’s stock in a transaction on Thursday, May 3rd. The shares were acquired at an average cost of GBX 278 ($3.77) per share, for a total transaction of £100,630.44 ($136,503.58). Also, insider Guy Wakeley acquired 6,869 shares of the company’s stock in a transaction on Monday, April 9th. The shares were bought at an average price of GBX 290 ($3.93) per share, for a total transaction of £19,920.10 ($27,021.30).

About Equiniti

Equiniti Group plc, together with its subsidiaries, provides administration and payment services in the United Kingdom. The company operates in four segments: Investment Solutions, Intelligent Solutions, Pension Solutions, and Interest Income. It offers registration services, including share registration, company secretarial, and investor analytic services; and employee services, such as employee share plans, executive and discretionary share plans, trustee, and creative services, as well as guides customers through the bereavement process.

Analyst Recommendations for Equiniti (LON:EQN)

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