H&T Group (LON:HAT) Stock Price Expected to Rise, Canaccord Genuity Group Analyst Says

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

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

H&T Group Stock Up 3.3 %

HAT opened at GBX 403 ($5.23) on Tuesday. The business’s fifty day moving average is GBX 354.53 and its two-hundred day moving average is GBX 360.30. The company has a debt-to-equity ratio of 46.82, a quick ratio of 4.55 and a current ratio of 15.96. The company has a market cap of £175.61 million, a price-to-earnings ratio of 7.97 and a beta of 0.69. H&T Group has a one year low of GBX 325.50 ($4.22) and a one year high of GBX 440 ($5.71).

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

H&T Group Increases Dividend

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