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Home / Support and Resistance / Equiniti (EQN.L) 26-11-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Equiniti (EQN.L) 26-11-19

Will Equiniti (EQN.L) shares break below the 195p support, or return to highs of 232p (+18%)?

 

  • Currently close to the 195p support at 195.3p (at time of writing).
  • This has been identified for ostensibly strong support level. Traders should consider whether they think it will hold up again.
  • Will the price bounce again to recent highs at 232p? (+18%).
  • Technical traders should consider potential news and developments. Check our website and the press for updates in future.
  • Shares -17% from 12-month highs; +4% from 12 month lows.

Latest News

22 Nov:  Goldman Sachs reiterates its conviction buy rating on Equiniti Group Plc (EQN) and reduced the target price to 290p (from 310p).

20 Nov:  Philip Yea, Chairman, bought 20,000 shares in the firm on the 20th November 2019 at a price of 194.30p. This Director currently has 180,000 shares.

20 Nov:  Barclays Capital reiterates its overweight rating on Equiniti Group Plc (EQN) and reduced the target price to 235p (from 300p).

19 Nov:  Guy Wakeley, CEO, bought 10,000 shares in the firm on the 19th November 2019 at a price of 190p. This Director currently has 1,690,348 shares.

19 Nov:  John Stier, Financial Director, bought 10,000 shares in the firm on the 19th November 2019 at a price of 190p. This Director currently has 164,157 shares.

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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