Finally Time to Make a Move? Barclays Capital Initiates Coverage On Equiniti Group Plc (LON:EQN) with GBX 230.00 Price Target

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Why Has Barclays Capital Given Equiniti Group Plc (LON:EQN) a GBX 230.00 Price Target

Barclays Capital analyst started coverage with a Overweight rating on Equiniti Group Plc (LON:EQN) today and set a price target of GBX 230.00. The firm’s shares opened today at 177.

The stock closed the day at GBX 177 during the previous session. It is down 6.00% since November 7, 2015 and is uptrending. It has outperformed by 7.08% the S&P500.

Finally Time to Make a Move? Barclays Capital Initiates Coverage On Equiniti Group Plc (LON:EQN) with GBX 230.00 Price Target

Equiniti Group plc is a provider of administration and payment services supported by technology platforms to a range of organizations. The company has a market cap of 531.00 million GBP. The Firm offers registration services, including bereavement services, firm secretarial and share registration; employee services, including employee share plans and flexible benefits, and investment services, including international payments and personal investments. It currently has negative earnings. It also offers pension solutions, including annuity administration, pension administration and pensioner payroll, and specialist business and technology services, including business process management, case management, customer tracing, information technology services, loan administration and software solutions.

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