Provident Financial plc Stock Rating Reaffirmed by Canaccord Genuity (PFG)
Provident Financial plc (LON:PFG)‘s stock had its “hold” rating reaffirmed by investment analysts at Canaccord Genuity in a note issued to investors on Wednesday. They currently have a GBX 1,570 ($26.88) price objective on the stock. Canaccord Genuity’s price objective points to a potential downside of 27.65% from the company’s current price.
PFG has been the subject of a number of other recent research reports. Analysts at RBC Capital reiterated an “underperform” rating on shares of Provident Financial plc in a research note on Tuesday. They now have a GBX 2,125 ($36.38) price target on the stock. Separately, analysts at Berenberg Bank downgraded shares of Provident Financial plc to a “hold” rating in a research note on Wednesday, July 9th. They now have a GBX 2,050 ($35.10) price target on the stock. Finally, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Provident Financial plc in a research note on Thursday, July 3rd. They now have a GBX 2,090 ($35.78) price target on the stock. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 1,881.93 ($32.22).
Provident Financial plc (LON:PFG) traded up 1.17% during mid-day trading on Wednesday, hitting GBX 2155.00. The stock had a trading volume of 276,899 shares. Provident Financial plc has a one year low of GBX 1540.00 and a one year high of GBX 2297.00. The stock’s 50-day moving average is GBX 2187. and its 200-day moving average is GBX 1936.. The company’s market cap is £2.927 billion.
Provident Financial plc provides credit products non-standard borrowers in the United Kingdom and Ireland.