International Personal Finance Plc Price Target Cut to GBX 525 (IPF)
Equities research analysts at Berenberg Bank reduced their target price on shares of International Personal Finance Plc (LON:IPF) from GBX 565 ($9.51) to GBX 525 ($8.83) in a research note issued to investors on Thursday. The firm currently has a “hold” rating on the stock. Berenberg Bank’s price target points to a potential upside of 1.35% from the company’s current price.
Shares of International Personal Finance Plc (LON:IPF) traded down 0.58% on Thursday, hitting GBX 518.00. 311,712 shares of the company’s stock traded hands. International Personal Finance Plc has a 52-week low of GBX 390.00 and a 52-week high of GBX 683.00. The stock has a 50-day moving average of GBX 571.1 and a 200-day moving average of GBX 547.9. The company’s market cap is £1.230 billion.
The company also recently announced a dividend, which is scheduled for Friday, October 3rd. Stockholders of record on Wednesday, September 3rd will be paid a dividend of GBX 4.20 ($0.07) per share. This represents a dividend yield of 0.77%. The ex-dividend date is Wednesday, September 3rd.
A number of other analysts have also recently weighed in on IPF. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of International Personal Finance Plc in a research note on Tuesday. They now have a GBX 700 ($11.78) price target on the stock. Separately, analysts at RBC Capital reiterated a “sector performer” rating on shares of International Personal Finance Plc in a research note on Wednesday, July 30th. Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of International Personal Finance Plc in a research note on Wednesday, July 30th. They now have a GBX 675 ($11.36) price target on the stock. One research analyst has rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of GBX 640.64 ($10.78).
International Personal Finance plc is a provider of international home credit business serving 2.4 million customers.
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