Societe Generale Increases Provident Financial plc Price Target to GBX 2,270 (PFG)
Stock analysts at Societe Generale upped their price objective on shares of Provident Financial plc (LON:PFG) from GBX 1,560 ($26.66) to GBX 2,270 ($38.79) in a report issued on Friday. The firm currently has a “hold” rating on the stock. Societe Generale’s price objective would indicate a potential upside of 7.74% from the stock’s previous close.
A number of other firms have also recently commented on PFG. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Provident Financial plc in a research note on Thursday. They now have a GBX 2,210 ($37.76) price target on the stock. Separately, analysts at Berenberg Bank raised their price target on shares of Provident Financial plc from GBX 2,050 ($35.03) to GBX 2,200 ($37.59) in a research note on Thursday. They now have a “hold” rating on the stock. Finally, analysts at Panmure Gordon raised their price target on shares of Provident Financial plc from GBX 1,700 ($29.05) to GBX 2,000 ($34.18) in a research note on Wednesday. They now have a “hold” rating on the stock. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of GBX 1,994.43 ($34.08).
Shares of Provident Financial plc (LON:PFG) opened at 2101.00 on Friday. Provident Financial plc has a one year low of GBX 1540.00 and a one year high of GBX 2297.00. The stock has a 50-day moving average of GBX 2187.88 and a 200-day moving average of GBX 1954.31. The company’s market cap is £2.868 billion.
The company also recently announced a dividend, which is scheduled for Friday, November 28th. Stockholders of record on Thursday, October 30th will be paid a dividend of GBX 34.10 ($0.58) per share. This represents a dividend yield of 1.63%. The ex-dividend date is Thursday, October 30th.
Provident Financial plc provides credit products non-standard borrowers in the United Kingdom and Ireland.
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