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).
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.
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