Peel Hunt Reaffirms “Add” Rating for Equiniti Group PLC (EQN)
Equiniti Group PLC (LON:EQN)‘s stock had its “add” rating reissued by stock analysts at Peel Hunt in a note issued to investors on Tuesday. They currently have a GBX 293 ($3.85) price objective on the stock. Peel Hunt’s price target points to a potential upside of 1.38% from the stock’s current price.
Several other equities research analysts have also recently commented on the stock. Liberum Capital reaffirmed a “buy” rating and issued a GBX 320 ($4.21) target price on shares of Equiniti Group PLC in a research report on Tuesday. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and issued a GBX 320 ($4.21) target price on shares of Equiniti Group PLC in a research report on Tuesday, August 1st. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 277.17 ($3.65).
Equiniti Group PLC (LON:EQN) traded up GBX 1.70 ($0.02) during trading hours on Tuesday, hitting GBX 289 ($3.80). 573,562 shares of the stock traded hands, compared to its average volume of 1,520,000. Equiniti Group PLC has a 12-month low of GBX 170.13 ($2.24) and a 12-month high of GBX 319.30 ($4.20).
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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