Peel Hunt Reiterates Add Rating for Equiniti Group (EQN)

Peel Hunt restated their add rating on shares of Equiniti Group (LON:EQN) in a research report report published on Wednesday morning. They currently have a GBX 293 ($4.05) price target on the stock.

Several other equities research analysts also recently weighed in on the stock. Liberum Capital reissued a buy rating and issued a GBX 320 ($4.42) target price on shares of Equiniti Group in a research report on Monday, March 5th. Credit Suisse Group reissued an underperform rating and issued a GBX 270 ($3.73) target price on shares of Equiniti Group in a research report on Thursday, January 11th. Finally, Berenberg Bank began coverage on shares of Equiniti Group in a research report on Wednesday, November 29th. They issued a buy rating and a GBX 345 ($4.77) target price for the company. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of GBX 302.17 ($4.17).

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Shares of Equiniti Group (EQN) opened at GBX 309.50 ($4.28) on Wednesday. The firm has a market cap of $1,130.00 and a PE ratio of 3,438.89. Equiniti Group has a 1 year low of GBX 177.61 ($2.45) and a 1 year high of GBX 319.30 ($4.41).

In other Equiniti Group news, insider Guy Wakeley acquired 10,000 shares of the stock in a transaction that occurred on Wednesday, December 20th. The stock was acquired at an average price of GBX 285 ($3.94) per share, with a total value of £28,500 ($39,375.52).

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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)

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