Equals Group PLC 33.4% potential upside indicated by Canaccord Genuity

Broker Ratings

Equals Group PLC with ticker (LON:EQLS) now has a potential upside of 33.4% according to Canaccord Genuity.

Canaccord Genuity set a target price of 129 GBX for the company, which when compared to the Equals Group PLC share price of 86 GBX at opening today (20/05/2022) indicates a potential upside of 33.4%. Trading has ranged between 39 (52 week low) and 90 (52 week high) with an average of 878,448 shares exchanging hands daily. The market capitalisation at the time of writing is £157,441,049.

Equals Group Plc is a United Kingdom-based fintech payments company. The Company provides small and medium enterprises a suite of payments products across foreign exchange (FX) transactions, prepaid card solutions, faster payments and accounts into which receipts can be credited and payments made. The Company’s segment includes International Payments, Currency Cards, Travel Cash, Banking, and Central. The International Payments channel provides wire transfer foreign exchange transactions direct to bank accounts. The Travel Money comprises of currency cards and physical currency. The Company offers business and retail bank accounts with all the payments functionality offered by banks, namely bankers automated clearing services, direct debits, international payments, and a debit card. Its products range from its own brand payment accounts from individuals and businesses via CardOneMoney, to a variety of FX solutions and payment transfers.

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