H&T Group (LON:HAT) Given New GBX 559 Price Target at Canaccord Genuity Group

H&T Group (LON:HAT) had its target price upped by Canaccord Genuity Group from GBX 531 ($6.90) to GBX 559 ($7.27) in a research note published on Tuesday,Digital Look reports. They currently have a buy rating on the stock.

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

H&T Group Price Performance

Shares of HAT opened at GBX 392 ($5.10) on Tuesday. The company has a 50 day moving average of GBX 352.35 and a two-hundred day moving average of GBX 360.03. The company has a market cap of £170.81 million, a price-to-earnings ratio of 7.76 and a beta of 0.69. The company has a quick ratio of 4.55, a current ratio of 15.96 and a debt-to-equity ratio of 46.82. H&T Group has a twelve month low of GBX 325.50 ($4.23) and a twelve month high of GBX 440 ($5.72).

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

H&T Group Increases Dividend

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

H&T Group Company Profile

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.