Equiniti Group PLC (EQN) Stock Rating Reaffirmed by Liberum Capital
Equiniti Group PLC (LON:EQN)‘s stock had its “buy” rating restated by equities researchers at Liberum Capital in a note issued to investors on Tuesday. They currently have a GBX 245 ($3.06) price target on the stock. Liberum Capital’s price target suggests a potential upside of 27.27% from the stock’s current price.
Several other research analysts also recently issued reports on the stock. Jefferies Group reiterated a “hold” rating on shares of Equiniti Group PLC in a research report on Friday, October 14th. Barclays PLC reiterated an “overweight” rating and set a GBX 225 ($2.81) price target on shares of Equiniti Group PLC in a research report on Monday, August 1st. 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 report on Wednesday, August 3rd. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Equiniti Group PLC in a research report on Friday, September 9th. Finally, 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 report on Thursday, September 8th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company has an average rating of “Buy” and an average target price of GBX 217.67 ($2.72).
Equiniti Group PLC (LON:EQN) opened at 192.87 on Tuesday. The stock has a 50 day moving average of GBX 197.43 and a 200 day moving average of GBX 181.72. Equiniti Group PLC has a 52 week low of GBX 127.50 and a 52 week high of GBX 208.50. The firm’s market cap is GBX 578.61 million.
In related news, insider Kevin S. Beeston sold 368,914 shares of the stock in a transaction on 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). Also, insider Guy Wakeley purchased 5,128 shares of the company’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, for a total transaction of £9,999.60 ($12,493.25).
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.