Equiniti Group (LON:EQN) Rating Reiterated by Peel Hunt
Peel Hunt reiterated their buy rating on shares of Equiniti Group (LON:EQN) in a report published on Monday, ThisIsMoney.Co.Uk reports.
Several other equities research analysts have also weighed in on the company. Liberum Capital restated a buy rating on shares of Equiniti Group in a research report on Friday, August 2nd. Goldman Sachs Group restated a buy rating on shares of Equiniti Group in a research report on Tuesday, August 13th. Five equities research analysts have rated the stock with a buy rating, Equiniti Group currently has an average rating of Buy and a consensus price target of GBX 292.40 ($3.82).
LON EQN opened at GBX 209.86 ($2.74) on Monday. The company has a quick ratio of 1.23, a current ratio of 1.35 and a debt-to-equity ratio of 82.10. Equiniti Group has a twelve month low of GBX 169 ($2.21) and a twelve month high of GBX 267 ($3.49). The firm has a market capitalization of $766.99 million and a PE ratio of 30.86. The stock’s 50 day moving average is GBX 207.35 and its 200 day moving average is GBX 214.35.
About Equiniti Group
Equiniti Group plc, together with its subsidiaries, provides administration and payment services in the United Kingdom. The company operates in four segments: Investment Solutions, Intelligent Solutions, Pension Solutions, and Interest Income. It offers registration services, including share registration, corporate actions and IPOs, company secretarial, proxy solicitation, and investor analytic services; and employee services, such as employee share plans, executive and discretionary share plans, and trustee services, as well as bereavement services.
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