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

H&T Group (LON:HAT - Free Report) had its target price hoisted by Canaccord Genuity Group from GBX 531 ($6.86) to GBX 559 ($7.22) 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 research note on Tuesday.

H&T Group Trading Down 2.0 %

Shares of HAT stock traded down GBX 8 ($0.10) during trading hours on Tuesday, reaching GBX 395 ($5.10). The company had a trading volume of 103,257 shares, compared to its average volume of 90,709. H&T Group has a 1-year low of GBX 325.50 ($4.20) and a 1-year high of GBX 440 ($5.68). The company has a debt-to-equity ratio of 46.82, a current ratio of 15.96 and a quick ratio of 4.55. The firm has a market cap of £172.12 million, a price-to-earnings ratio of 7.82 and a beta of 0.69. The company has a 50 day moving average of GBX 355.51 and a 200 day moving average of GBX 360.37.

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

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H&T Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, June 27th. Shareholders of record on Thursday, May 29th will be paid a GBX 11 ($0.14) dividend. This represents a yield of 2.84%. This is a boost from H&T Group's previous dividend of $7.00. The ex-dividend date of this dividend is Thursday, May 29th. H&T Group's payout ratio is presently 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.