Peel Hunt restated their add rating on shares of Equiniti Group PLC (LON:EQN) in a research report sent to investors on Tuesday morning. The firm currently has a GBX 293 ($3.78) target price on the stock.

Several other brokerages have also weighed in on EQN. Citigroup Inc. lowered shares of Equiniti Group PLC to a neutral rating and upped their price objective for the company from GBX 230 ($2.97) to GBX 265 ($3.42) in a report on Tuesday, July 11th. Liberum Capital reiterated a buy rating and set a GBX 290 ($3.75) price objective on shares of Equiniti Group PLC in a report on Tuesday, July 4th. Goldman Sachs Group, Inc. (The) upped their price objective on shares of Equiniti Group PLC from GBX 280 ($3.62) to GBX 320 ($4.13) and gave the company a buy rating in a report on Friday, July 21st. Finally, Credit Suisse Group upped their price objective on shares of Equiniti Group PLC from GBX 210 ($2.71) to GBX 240 ($3.10) and gave the company an outperform rating in a report on Friday, June 9th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus target price of GBX 281.67 ($3.64).

Equiniti Group PLC (LON:EQN) opened at 286.70 on Tuesday. The stock has a 50 day moving average price of GBX 274.45 and a 200 day moving average price of GBX 233.76. Equiniti Group PLC has a one year low of GBX 170.00 and a one year high of GBX 304.80. The company’s market cap is GBX 860.33 million.

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The firm also recently announced a dividend, which will be paid on Thursday, October 26th. Stockholders of record on Thursday, September 14th will be given a dividend of GBX 1.75 ($0.02) per share. This represents a dividend yield of 0.66%. The ex-dividend date is Thursday, September 14th.

In other Equiniti Group PLC news, insider Liam McGrath bought 444 shares of the firm’s stock in a transaction dated Wednesday, September 13th. The stock was bought at an average cost of GBX 304 ($3.93) per share, with a total value of £1,349.76 ($1,743.20). Also, insider Guy Wakeley bought 3,795 shares of the firm’s stock in a transaction dated Friday, July 28th. The shares were acquired at an average cost of GBX 262 ($3.38) per share, with a total value of £9,942.90 ($12,841.15). Over the last three months, insiders have bought 44,295 shares of company stock valued at $11,624,218.

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)

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