Peel Hunt reissued their buy rating on shares of Equiniti Group (LON:EQN) in a report published on Monday morning, ThisIsMoney.Co.Uk reports.
A number of other brokerages also recently issued reports on EQN. Goldman Sachs Group reiterated a buy rating on shares of Equiniti Group in a research report on Tuesday, August 13th. Liberum Capital reiterated a buy rating on shares of Equiniti Group in a research report on Friday, August 2nd. Five analysts have rated the stock with a buy rating, Equiniti Group has a consensus rating of Buy and a consensus target price of GBX 292.40 ($3.82).
Shares of EQN opened at GBX 209.86 ($2.74) on Monday. The company has a market cap of $766.99 million and a PE ratio of 30.86. The company has a current ratio of 1.35, a quick ratio of 1.23 and a debt-to-equity ratio of 82.10. The stock has a 50-day moving average price of GBX 207.35 and a 200-day moving average price of GBX 214.35. Equiniti Group has a 12-month low of GBX 169 ($2.21) and a 12-month high of GBX 267 ($3.49).
The company also recently disclosed a dividend, which will be paid on Friday, October 25th. Investors of record on Thursday, September 19th will be issued 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 dividend payout ratio is 0.74%.
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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