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Provident Financial plc (LON:PFG)‘s stock had its “sell” rating reaffirmed by Canaccord Genuity in a research note issued on Tuesday, American Banking News.com reports. They currently have a GBX 1,400 ($23.28) price objective on the stock. Canaccord Genuity’s price target indicates a potential downside of 25.13% from the stock’s previous close.

Provident Financial plc (LON:PFG) traded up 0.38% during mid-day trading on Tuesday, hitting GBX 1870.0001. 596,442 shares of the company’s stock traded hands. Provident Financial plc has a 1-year low of GBX 1406.00 and a 1-year high of GBX 1919.00. The stock has a 50-day moving average of GBX 1696. and a 200-day moving average of GBX 1658.. The company’s market cap is £2.525 billion.

The company also recently declared a dividend, which is scheduled for Friday, June 20th. Stockholders of record on Wednesday, May 21st will be given a dividend of GBX 54 ($0.90) per share. This represents a yield of 2.87%. The ex-dividend date of this dividend is Wednesday, May 21st.

Other equities research analysts have also recently issued reports about the stock. 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. Separately, 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). Finally, analysts at Espirito Santo Investment Bank Research reiterated a “neutral” rating on shares of Provident Financial plc in a research note on Tuesday. They now have a GBX 1,522 ($25.31) price target on the stock. One analyst has rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the company’s stock. Provident Financial plc currently has an average rating of “Hold” and a consensus price target of GBX 1,721.33 ($28.63).

Provident Financial plc provides credit products non-standard borrowers in the United Kingdom and Ireland.

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