Equiniti Group’s (EQN) Add Rating Reiterated at Peel Hunt

Equiniti Group (LON:EQN)‘s stock had its “add” rating restated by equities research analysts at Peel Hunt in a research note issued on Thursday. They currently have a GBX 293 ($3.94) price objective on the stock. Peel Hunt’s target price suggests a potential upside of 2.53% from the stock’s previous close.

Several other research analysts also recently weighed in on EQN. Liberum Capital restated a “buy” rating and set a GBX 347 ($4.67) target price on shares of Equiniti Group in a research note on Tuesday, September 12th. Berenberg Bank started coverage on Equiniti Group in a research note on Wednesday, November 29th. They set a “buy” rating and a GBX 345 ($4.64) target price on the stock. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of GBX 297.17 ($4.00).

Equiniti Group (LON EQN) opened at GBX 285.77 ($3.85) on Thursday. Equiniti Group has a fifty-two week low of GBX 170.13 ($2.29) and a fifty-two week high of GBX 319.30 ($4.30).

In related news, insider Guy Wakeley sold 15,579 shares of the business’s stock in a transaction on Friday, September 29th. The stock was sold at an average price of GBX 103 ($1.39), for a total transaction of £16,046.37 ($21,596.73). Also, insider Paul Matthews sold 3,815 shares of the business’s stock in a transaction on Monday, October 2nd. The stock was sold at an average price of GBX 110 ($1.48), for a total value of £4,196.50 ($5,648.05). Over the last 90 days, insiders have sold 33,004 shares of company stock worth $3,511,753.

ILLEGAL ACTIVITY NOTICE: “Equiniti Group’s (EQN) Add Rating Reiterated at Peel Hunt” was posted by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this report on another website, it was illegally copied and republished in violation of US and international copyright & trademark laws. The original version of this report can be accessed at https://sportsperspectives.com/2017/12/21/equiniti-groups-eqn-add-rating-reiterated-at-peel-hunt.html.

About Equiniti Group

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)

Receive News & Ratings for Equiniti Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equiniti Group and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply