Berenberg Bank assumed coverage on shares of Equiniti Group (LON:EQN) in a report released on Wednesday. The brokerage issued a buy rating and a GBX 345 ($4.62) target price on the stock.

Several other equities analysts have also recently issued reports on the company. Peel Hunt reaffirmed an add rating and set a GBX 293 ($3.92) price objective on shares of Equiniti Group in a report on Tuesday, November 21st. Liberum Capital reaffirmed a buy rating and set a GBX 320 ($4.29) price objective on shares of Equiniti Group in a report on Tuesday, November 21st. Finally, Goldman Sachs Group reaffirmed a buy rating and set a GBX 320 ($4.29) price objective on shares of Equiniti Group in a report on Tuesday, August 1st. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of Buy and an average price target of GBX 297.17 ($3.98).

Equiniti Group (EQN) opened at GBX 294.50 ($3.94) on Wednesday. Equiniti Group has a 1-year low of GBX 170.13 ($2.28) and a 1-year high of GBX 319.30 ($4.28).

In other news, insider Liam McGrath acquired 444 shares of Equiniti Group stock in a transaction that occurred on Wednesday, September 13th. The stock was purchased at an average cost of GBX 304 ($4.07) per share, with a total value of £1,349.76 ($1,807.63). Also, insider Tim Miller sold 8,793 shares of the business’s stock in a transaction on Tuesday, October 3rd. The stock was sold at an average price of GBX 110 ($1.47), for a total value of £9,672.30 ($12,953.39). Over the last ninety days, insiders have sold 33,004 shares of company stock valued at $3,511,753.

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Equiniti Group Company Profile

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 (LON:EQN)

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