Equiniti Group PLC (EQN) Receives Average Recommendation of “Buy” from Analysts
Shares of Equiniti Group PLC (LON:EQN) have been given an average recommendation of “Buy” by the eight ratings firms that are covering the stock. Two research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is GBX 221.20 ($2.76).
EQN has been the topic of a number of recent research reports. Peel Hunt assumed coverage on Equiniti Group PLC in a research note on Wednesday, September 14th. They issued a “buy” rating and a GBX 195 ($2.44) target price on the stock. Barclays PLC reiterated an “overweight” rating and set a GBX 225 ($2.81) price target on shares of Equiniti Group PLC in a research note on Friday, September 23rd. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Equiniti Group PLC in a research note on Friday, September 9th. Goldman Sachs Group Inc. reiterated a “buy” rating and set a GBX 231 ($2.89) price target on shares of Equiniti Group PLC in a research note on Thursday, September 8th. Finally, Credit Suisse Group AG reiterated an “outperform” rating and set a GBX 210 ($2.62) price target on shares of Equiniti Group PLC in a research note on Wednesday, August 3rd.
In other Equiniti Group PLC news, insider Guy Wakeley acquired 5,128 shares of the business’s stock in a transaction that occurred on Wednesday, November 2nd. The stock was acquired at an average price of GBX 195 ($2.44) per share, with a total value of £9,999.60 ($12,493.25). Also, insider Kevin S. Beeston sold 368,914 shares of the business’s stock in a transaction dated Thursday, October 27th. The stock was sold at an average price of GBX 203 ($2.54), for a total value of £748,895.42 ($935,651.45).
Shares of Equiniti Group PLC (LON:EQN) traded down 0.51% on Friday, hitting GBX 194.00. The stock had a trading volume of 226,231 shares. The stock’s market cap is GBX 582.00 million. Equiniti Group PLC has a 1-year low of GBX 127.50 and a 1-year high of GBX 208.50. The firm’s 50-day moving average is GBX 197.91 and its 200 day moving average is GBX 181.02.
About Equiniti Group PLC
Equiniti Group plc provides administration, processing and payment services, as well as smart technology solutions for complex and regulated markets. The Company operates in four segments: Investment Solutions, Intelligent Solutions, Pension Solutions and Interest Income supported by central functions.
Receive News & Stock Ratings for Equiniti Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equiniti Group PLC and related stocks with our FREE daily email newsletter.