Equiniti Group PLC (LON:EQN)‘s stock had its “under review” rating restated by equities researchers at Liberum Capital in a report released on Wednesday, July 12th.
Other equities research analysts have also issued reports about the stock. Peel Hunt reiterated an “add” rating and set a GBX 212 ($2.76) target price on shares of Equiniti Group PLC in a research note on Thursday, June 22nd. Goldman Sachs Group, Inc. (The) upped their price objective on Equiniti Group PLC from GBX 226 ($2.94) to GBX 280 ($3.65) and gave the stock a “buy” rating in a research note on Friday, June 30th. Citigroup Inc. lowered Equiniti Group PLC to a “neutral” rating and upped their price objective for the stock from GBX 230 ($3.00) to GBX 265 ($3.45) in a research note on Tuesday, July 11th. Finally, Credit Suisse Group upped their price objective on Equiniti Group PLC from GBX 210 ($2.73) to GBX 240 ($3.13) and gave the stock an “outperform” rating in a research note on Friday, June 9th. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of GBX 281.67 ($3.67).
Shares of Equiniti Group PLC (LON EQN) traded up 0.47% during mid-day trading on Wednesday, hitting GBX 267.50. The stock had a trading volume of 148,030 shares. Equiniti Group PLC has a 1-year low of GBX 163.25 and a 1-year high of GBX 285.25. The stock’s 50-day moving average price is GBX 261.95 and its 200 day moving average price is GBX 219.61. The company’s market capitalization is GBX 802.71 million.
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In other Equiniti Group PLC news, insider Philip Yea purchased 40,000 shares of the stock in a transaction that occurred on Monday, July 31st. The stock was purchased at an average price of GBX 262 ($3.41) per share, with a total value of £104,800 ($136,476.10). Also, insider Guy Wakeley purchased 3,795 shares of the stock in a transaction that occurred on Friday, July 28th. The stock was acquired at an average cost of GBX 262 ($3.41) per share, with a total value of £9,942.90 ($12,948.17). Insiders have acquired a total of 44,631 shares of company stock valued at $11,654,030 in the last three months.
Equiniti Group PLC 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.
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