Provident Financial plc Receives “Overweight” Rating from JPMorgan Chase & Co. (PFG)
Provident Financial plc (LON:PFG)‘s stock had its “overweight” rating reiterated by investment analysts at JPMorgan Chase & Co. in a note issued to investors on Wednesday, Analyst RN reports. They currently have a GBX 1,911 ($31.78) target price on the stock. JPMorgan Chase & Co.’s price objective suggests a potential upside of 4.26% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Beaufort Securities reiterated a “buy” rating on shares of Provident Financial plc in a research note on Wednesday. Separately, analysts at Societe Generale reiterated a “hold” rating on shares of Provident Financial plc in a research note on Tuesday. They now have a GBX 1,560 ($25.94) price target on the stock. Finally, 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. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of GBX 1,728 ($28.74).
Shares of Provident Financial plc (LON:PFG) traded down 2.50% on Wednesday, hitting GBX 1833.00. 300,923 shares of the company’s stock traded hands. Provident Financial plc has a 52-week low of GBX 1406.00 and a 52-week high of GBX 1862.9999. 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 £2.475 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.
Provident Financial plc provides credit products non-standard borrowers in the United Kingdom and Ireland.
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