Equiniti Group PLC (LON:EQN)‘s stock had its “buy” rating reaffirmed by equities research analysts at Liberum Capital in a note issued to investors on Monday. They currently have a GBX 347 ($4.58) target price on the stock. Liberum Capital’s price target indicates a potential upside of 31.19% from the stock’s current price.

Several other brokerages have also issued reports on EQN. Citigroup Inc. lowered Equiniti Group PLC to a “neutral” rating and increased their target price for the stock from GBX 230 ($3.03) to GBX 265 ($3.50) in a research report on Tuesday, July 11th. Peel Hunt reissued an “add” rating on shares of Equiniti Group PLC in a research report on Wednesday, July 12th. Goldman Sachs Group Inc increased their target price on Equiniti Group PLC from GBX 280 ($3.69) to GBX 320 ($4.22) and gave the stock a “buy” rating in a research report on Friday, July 21st. Finally, Credit Suisse Group increased their target price on Equiniti Group PLC from GBX 210 ($2.77) to GBX 240 ($3.17) and gave the stock an “outperform” rating in a research report on Friday, June 9th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of GBX 281.67 ($3.72).

Shares of Equiniti Group PLC (EQN) opened at 264.50 on Monday. The firm has a 50-day moving average price of GBX 255.09 and a 200-day moving average price of GBX 215.92. Equiniti Group PLC has a 52 week low of GBX 163.25 and a 52 week high of GBX 275.75. The firm’s market cap is GBX 793.71 million.

ILLEGAL ACTIVITY NOTICE: This article was first published by Daily Political and is the sole property of of Daily Political. If you are viewing this article on another domain, it was illegally stolen and reposted in violation of international copyright laws. The original version of this article can be accessed at https://www.dailypolitical.com/2017/08/06/equiniti-group-plc-loneqn-given-buy-rating-at-liberum-capital.html.

In other news, insider Guy Wakeley bought 836 shares of the firm’s stock in a transaction dated Monday, May 15th. The stock was purchased at an average price of GBX 215 ($2.84) per share, with a total value of £1,797.40 ($2,370.93). Also, insider Philip Yea bought 40,000 shares of the firm’s stock in a transaction dated Monday, July 31st. The stock was purchased at an average cost of GBX 262 ($3.46) per share, with a total value of £104,800 ($138,240.34). Insiders bought a total of 44,631 shares of company stock valued at $11,654,030 in the last three months.

About Equiniti Group PLC

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 PLC (LON:EQN)

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