Liberum Capital reiterated their buy rating on shares of Equiniti Group PLC (LON:EQN) in a research note released on Thursday. They currently have a GBX 347 ($4.68) price objective on the stock.

Several other analysts also recently commented on the company. Citigroup Inc. downgraded Equiniti Group PLC to a neutral rating and raised their price objective for the stock from GBX 230 ($3.10) to GBX 265 ($3.57) in a research note on Tuesday, July 11th. Credit Suisse Group raised their price objective on Equiniti Group PLC from GBX 210 ($2.83) to GBX 240 ($3.24) and gave the stock an outperform rating in a research note on Friday, June 9th. Goldman Sachs Group, Inc. (The) raised their price objective on Equiniti Group PLC from GBX 280 ($3.78) to GBX 320 ($4.31) and gave the stock a buy rating in a research note on Friday, July 21st. Finally, Peel Hunt reaffirmed an add rating and set a GBX 212 ($2.86) price objective on shares of Equiniti Group PLC in a research note on Thursday, June 22nd. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of Buy and a consensus target price of GBX 281.67 ($3.80).

Shares of Equiniti Group PLC (LON:EQN) traded down 0.17% on Thursday, hitting GBX 294.00. The stock had a trading volume of 199,797 shares. The firm has a 50 day moving average price of GBX 275.87 and a 200 day moving average price of GBX 236.19. Equiniti Group PLC has a one year low of GBX 182.00 and a one year high of GBX 304.50. The company’s market capitalization is GBX 882.24 million.

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The company also recently disclosed a dividend, which will be paid on Thursday, October 26th. Investors of record on Thursday, September 14th will be paid a GBX 1.75 ($0.02) dividend. The ex-dividend date is Thursday, September 14th. This represents a yield of 0.66%.

In other news, insider Philip Yea acquired 40,000 shares of the firm’s stock in a transaction that occurred on Monday, July 31st. The shares were acquired at an average cost of GBX 262 ($3.53) per share, with a total value of £104,800 ($141,297.02). Also, insider Liam McGrath acquired 444 shares of the firm’s stock in a transaction that occurred on Wednesday, September 13th. The stock was purchased at an average cost of GBX 304 ($4.10) per share, for a total transaction of £1,349.76 ($1,819.82). Insiders purchased 44,295 shares of company stock worth $11,624,218 over 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)

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