Provident Financial plc’s “Hold” Rating Reaffirmed at Societe Generale (PFG)
Provident Financial plc (LON:PFG)‘s stock had its “hold” rating reaffirmed by analysts at Societe Generale in a research report issued to clients and investors on Tuesday, American Banking News.com reports. They currently have a GBX 1,560 ($25.94) price objective on the stock. Societe Generale’s price objective would indicate a potential downside of 16.26% from the stock’s previous close.
Provident Financial plc (LON:PFG) opened at 1870.9999 on Tuesday. Provident Financial plc has a one year low of GBX 1406.00 and a one year high of GBX 1832.00. The stock has a 50-day moving average of GBX 1690. and a 200-day moving average of GBX 1657.. The company’s market cap is £2.526 billion.
A number of other analysts have also recently weighed in on PFG. Analysts at Canaccord Genuity reiterated a “sell” rating on shares of Provident Financial plc in a research note on Tuesday. They now have a GBX 1,400 ($23.28) price target on the stock. Separately, analysts at Panmure Gordon reiterated a “hold” rating on shares of Provident Financial plc in a research note on Tuesday. They now have a GBX 1,700 ($28.27) price target on the stock. Finally, analysts at Numis Securities Ltd downgraded shares of Provident Financial plc to a “hold” rating in a research note on Tuesday. They now have a GBX 2,023 ($33.64) price target on the stock, up previously from GBX 2,005 ($33.34). One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 1,721.33 ($28.63).
Provident Financial plc provides credit products non-standard borrowers in the United Kingdom and Ireland.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.