Equiniti Group PLC (EQN) Given “Buy” Rating at Peel Hunt
Other analysts have also issued research reports about the company. Goldman Sachs Group Inc. reissued a buy rating and issued a GBX 231 ($2.89) target price on shares of Equiniti Group PLC in a research report on Wednesday, August 3rd. Liberum Capital cut their target price on Equiniti Group PLC from GBX 250 ($3.12) to GBX 245 ($3.06) and set a buy rating on the stock in a research report on Wednesday, July 27th. Jefferies Group reissued a hold rating on shares of Equiniti Group PLC in a research report on Friday, October 14th. Credit Suisse Group AG reissued an outperform rating and issued a GBX 210 ($2.62) target price on shares of Equiniti Group PLC in a research report on Wednesday, August 3rd. Finally, JPMorgan Chase & Co. restated a neutral rating on shares of Equiniti Group PLC in a research note on Friday, September 9th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of Buy and an average price target of GBX 217.67 ($2.72).
Equiniti Group PLC (LON:EQN) opened at 191.75 on Tuesday. The company has a 50-day moving average price of GBX 197.63 and a 200-day moving average price of GBX 181.47. The stock’s market cap is GBX 575.25 million. Equiniti Group PLC has a 52 week low of GBX 127.50 and a 52 week high of GBX 208.50.
In related news, insider Kevin S. Beeston sold 368,914 shares of the business’s stock in a transaction on Thursday, October 27th. The shares were sold at an average price of GBX 203 ($2.54), for a total transaction of £748,895.42 ($935,651.45). Also, insider Guy Wakeley bought 5,128 shares of the stock in a transaction that occurred on Wednesday, November 2nd. The shares were purchased at an average price of GBX 195 ($2.44) per share, with a total value of £9,999.60 ($12,493.25).
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Equiniti Group PLC Company Profile
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.
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