Liberum Capital reiterated their buy rating on shares of Equiniti Group (LON:EQN) in a report released on Friday morning, ThisIsMoney.Co.Uk reports.
A number of other equities research analysts also recently weighed in on the company. Peel Hunt restated a buy rating on shares of Equiniti Group in a research report on Monday, July 29th. Goldman Sachs Group dropped their target price on Equiniti Group from GBX 320 ($4.18) to GBX 310 ($4.05) and set a conviction-buy rating for the company in a research report on Thursday, May 23rd. Four analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of Buy and an average price target of GBX 292.40 ($3.82).
Shares of EQN opened at GBX 209.93 ($2.74) on Friday. The company has a fifty day simple moving average of GBX 219.34. The company has a current ratio of 1.43, a quick ratio of 1.32 and a debt-to-equity ratio of 78.23. Equiniti Group has a 52-week low of GBX 169 ($2.21) and a 52-week high of GBX 267 ($3.49). The company has a market cap of $765.28 million and a P/E ratio of 44.67.
The company also recently announced a dividend, which will be paid on Friday, October 25th. Stockholders of record on Thursday, September 19th will be given a dividend of GBX 1.95 ($0.03) per share. The ex-dividend date of this dividend is Thursday, September 19th. This represents a dividend yield of 0.97%. Equiniti Group’s payout ratio is currently 1.06%.
In other news, insider John Stier bought 874 shares of the company’s stock in a transaction dated Thursday, June 13th. The stock was bought at an average price of GBX 219 ($2.86) per share, for a total transaction of £1,914.06 ($2,501.06).
Equiniti Group Company Profile
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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