Equiniti Group (LON:EQN) Receives “Buy” Rating from Peel Hunt

Peel Hunt restated their buy rating on shares of Equiniti Group (LON:EQN) in a report released on Monday morning, ThisIsMoney.Co.Uk reports.

A number of other brokerages have also commented on EQN. Liberum Capital restated a buy rating on shares of PureTech Health in a research report on Thursday, June 13th. Goldman Sachs Group upgraded Lenovo Group from a neutral rating to a buy rating in a research report on Thursday, May 23rd. They noted that the move was a valuation call. Five research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of Buy and a consensus target price of GBX 292.40 ($3.82).

Shares of LON EQN opened at GBX 219.20 ($2.86) on Monday. Equiniti Group has a one year low of GBX 169 ($2.21) and a one year high of GBX 267 ($3.49). The firm has a market cap of $799.07 million and a price-to-earnings ratio of 46.64. The company has a debt-to-equity ratio of 78.23, a current ratio of 1.43 and a quick ratio of 1.32. The business’s 50-day simple moving average is GBX 220.52.

In other news, insider John Stier purchased 874 shares of the business’s stock in a transaction dated Thursday, June 13th. The stock was bought at an average cost of GBX 219 ($2.86) per share, with a total value of £1,914.06 ($2,501.06).

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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Analyst Recommendations for Equiniti Group (LON:EQN)

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