Equiniti Group PLC (LON:EQN) has received an average rating of “Buy” from the nine research firms that are presently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is GBX 281.67 ($3.64).

Several equities analysts have recently weighed in on the company. Peel Hunt raised their target price on Equiniti Group PLC from GBX 212 ($2.74) to GBX 293 ($3.79) and gave the company an “add” rating in a research report on Wednesday, July 19th. Goldman Sachs Group, Inc. (The) restated a “buy” rating and issued a GBX 320 ($4.14) target price on shares of Equiniti Group PLC in a research report on Tuesday, August 1st. Liberum Capital restated a “buy” rating and issued a GBX 347 ($4.49) target price on shares of Equiniti Group PLC in a research report on Monday, August 7th. Credit Suisse Group raised their target price on Equiniti Group PLC from GBX 210 ($2.72) to GBX 240 ($3.10) and gave the company an “outperform” rating in a research report on Friday, June 9th. Finally, Citigroup Inc. downgraded Equiniti Group PLC to a “neutral” rating and lifted their price objective for the stock from GBX 230 ($2.97) to GBX 265 ($3.43) in a research report on Tuesday, July 11th.

In other Equiniti Group PLC news, insider Philip Yea bought 40,000 shares of the business’s stock in a transaction on Monday, July 31st. The stock was bought at an average price of GBX 262 ($3.39) per share, with a total value of £104,800 ($135,540.61). Also, insider Guy Wakeley bought 3,795 shares of the business’s stock in a transaction on Friday, July 28th. The shares were acquired at an average cost of GBX 262 ($3.39) per share, with a total value of £9,942.90 ($12,859.42). In the last quarter, insiders have purchased 43,851 shares of company stock worth $11,489,242.

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Equiniti Group PLC (LON:EQN) opened at 268.25 on Tuesday. The firm’s 50-day moving average is GBX 266.66 and its 200-day moving average is GBX 224.80. The company’s market capitalization is GBX 804.96 million. Equiniti Group PLC has a 12 month low of GBX 163.25 and a 12 month high of GBX 285.25.

The business also recently disclosed a dividend, which will be paid on Thursday, October 26th. Investors of record on Thursday, September 14th will be given a dividend of GBX 1.75 ($0.02) per share. The ex-dividend date is Thursday, September 14th. This represents a yield of 0.66%.

About Equiniti Group PLC

Equiniti Group plc provides complex administration and payment services, supported by technology platforms, to a range of organizations. The Company’s segments include Investment Solutions, Intelligent Solutions, Pension Solutions and Interest. The Investment Solutions offers a range of services, including share registration for around half the Financial Times Stock Exchange (FTSE) 100, and the administration of save as you earn (SAYE) schemes and share incentive plans.

Analyst Recommendations for Equiniti Group PLC (LON:EQN)

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