Canaccord Genuity Group Boosts H&T Group (LON:HAT) Price Target to GBX 559

H&T Group (LON:HAT) had its price target lifted by equities research analysts at Canaccord Genuity Group from GBX 531 ($6.91) to GBX 559 ($7.27) in a note issued to investors on Tuesday,Digital Look reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity Group’s target price would indicate a potential upside of 43.33% from the stock’s current price.

Separately, Shore Capital restated a “house stock” rating on shares of H&T Group in a report on Tuesday.

H&T Group Trading Up 0.5 %

Shares of LON:HAT opened at GBX 390 ($5.07) on Tuesday. H&T Group has a 12 month low of GBX 325.50 ($4.23) and a 12 month high of GBX 440 ($5.72). The company has a quick ratio of 4.55, a current ratio of 15.96 and a debt-to-equity ratio of 46.82. The company’s fifty day simple moving average is GBX 353.45 and its 200 day simple moving average is GBX 360.06. The firm has a market cap of £169.94 million, a price-to-earnings ratio of 7.72 and a beta of 0.69.

H&T Group (LON:HAT) last issued its quarterly earnings data on Tuesday, March 18th. The company reported GBX 51.17 ($0.67) EPS for the quarter. H&T Group had a net margin of 9.06% and a return on equity of 12.14%. As a group, research analysts forecast that H&T Group will post 54.3859649 EPS for the current fiscal year.

About H&T Group

H&T is the UK’s largest pawnbroker and provides a range of financial services to meet customers’ needs. We are the 6th largest retailer of high quality pre-owned and new jewellery and watches.

Our ambition is to make pawnbroking a more widely accepted and valued finance service.