Shares of Equiniti Group PLC (LON:EQN) have been assigned an average recommendation of “Hold” from the six brokerages that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is GBX 302.17 ($4.17).

A number of brokerages have commented on EQN. Peel Hunt restated an “add” rating and issued a GBX 293 ($4.05) price target on shares of Equiniti Group in a research report on Tuesday, January 23rd. Liberum Capital restated a “buy” rating and issued a GBX 320 ($4.42) price target on shares of Equiniti Group in a research report on Thursday, February 1st. Berenberg Bank began coverage on Equiniti Group in a research report on Wednesday, November 29th. They issued a “buy” rating and a GBX 345 ($4.77) price target for the company. Finally, Credit Suisse Group restated an “underperform” rating and issued a GBX 270 ($3.73) price target on shares of Equiniti Group in a research report on Thursday, January 11th.

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In related news, insider Guy Wakeley sold 350,000 shares of the stock in a transaction dated Thursday, March 8th. The stock was sold at an average price of GBX 301 ($4.16), for a total transaction of £1,053,500 ($1,455,512.57).

Shares of Equiniti Group (LON:EQN) traded up GBX 0.50 ($0.01) on Friday, reaching GBX 312 ($4.31). The company’s stock had a trading volume of 995,079 shares, compared to its average volume of 1,310,000. The stock has a market capitalization of $1,130.00 and a PE ratio of 7,800.00. Equiniti Group has a fifty-two week low of GBX 178.31 ($2.46) and a fifty-two week high of GBX 330 ($4.56).

The business also recently declared a dividend, which will be paid on Thursday, May 17th. Shareholders of record on Thursday, April 12th will be given a GBX 2.73 ($0.04) dividend. This is a boost from Equiniti Group’s previous dividend of $1.75. The ex-dividend date of this dividend is Thursday, April 12th. This represents a yield of 0.88%.

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Equiniti Group Company Profile

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 (LON:EQN)

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