H&T Group (LON:HAT) Price Target Raised to GBX 559

H&T Group (LON:HAT) had its price objective hoisted by Canaccord Genuity Group from GBX 531 ($6.89) to GBX 559 ($7.25) in a research report report published on Tuesday morning,Digital Look reports. They currently have a buy rating on the stock.

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

H&T Group Trading Up 3.3 %

LON:HAT opened at GBX 403 ($5.23) on Tuesday. The firm has a market cap of £175.61 million, a P/E ratio of 7.97 and a beta of 0.69. The company has a current ratio of 15.96, a quick ratio of 4.55 and a debt-to-equity ratio of 46.82. The stock’s 50 day simple moving average is GBX 354.53 and its 200-day simple moving average is GBX 360.30. H&T Group has a 12-month low of GBX 325.50 ($4.22) and a 12-month high of GBX 440 ($5.71).

H&T Group (LON:HAT) last released its earnings results on Tuesday, March 18th. The company reported GBX 51.17 ($0.66) earnings per share (EPS) for the quarter. H&T Group had a return on equity of 12.14% and a net margin of 9.06%. Equities analysts anticipate that H&T Group will post 54.3859649 EPS for the current year.

H&T Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, June 27th. Investors of record on Thursday, May 29th will be paid a GBX 11 ($0.14) dividend. The ex-dividend date is Thursday, May 29th. This is an increase from H&T Group’s previous dividend of $7.00. This represents a dividend yield of 2.84%. H&T Group’s payout ratio is 35.61%.

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.