Equiniti Group’s (LON:EQN) “Buy” Rating Reaffirmed at Peel Hunt

Equiniti Group (LON:EQN)‘s stock had its “buy” rating reiterated by stock analysts at Peel Hunt in a research report issued to clients and investors on Wednesday, March 27th, ThisIsMoney.Co.Uk reports.

A number of other analysts also recently commented on the company. Barclays restated an “overweight” rating on shares of Equiniti Group in a report on Wednesday, March 13th. Liberum Capital reiterated a “buy” rating and issued a GBX 290 ($3.79) price target (down from GBX 320 ($4.18)) on shares of Equiniti Group in a report on Tuesday, March 12th. Finally, Berenberg Bank lowered their price target on Equiniti Group from GBX 345 ($4.51) to GBX 320 ($4.18) and set a “buy” rating for the company in a report on Wednesday, March 13th. Five analysts have rated the stock with a buy rating, Equiniti Group has an average rating of “Buy” and an average target price of GBX 288 ($3.76).

Shares of Equiniti Group stock traded up GBX 2.60 ($0.03) during trading hours on Wednesday, reaching GBX 222.20 ($2.90). 553,187 shares of the company’s stock were exchanged, compared to its average volume of 1,310,000. Equiniti Group has a 52-week low of GBX 169 ($2.21) and a 52-week high of GBX 289 ($3.78). The firm has a market cap of $796.67 million and a PE ratio of 47.28. The company has a quick ratio of 1.32, a current ratio of 1.43 and a debt-to-equity ratio of 78.23.

Equiniti Group Company Profile

Equiniti Group plc, together with its subsidiaries, provides administration and payment services in the United Kingdom. The company operates in four segments: Investment Solutions, Intelligent Solutions, Pension Solutions, and Interest Income. It offers registration services, including share registration, company secretarial, and investor analytic services; and employee services, such as employee share plans, executive and discretionary share plans, trustee, and creative services, as well as guides customers through the bereavement process.

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Analyst Recommendations for Equiniti Group (LON:EQN)

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