Provident Financial plc Rating Reiterated by Espirito Santo Investment Bank Research (PFG)
Provident Financial plc (LON:PFG)‘s stock had its “neutral” rating reiterated by equities research analysts at Espirito Santo Investment Bank Research in a research note issued to investors on Thursday. They currently have a GBX 2,011 ($33.74) price objective on the stock. Espirito Santo Investment Bank Research’s target price would indicate a potential downside of 2.62% from the company’s current price.
Shares of Provident Financial plc (LON:PFG) traded up 0.24% on Thursday, hitting GBX 2070.00. The stock had a trading volume of 451,267 shares. Provident Financial plc has a 1-year low of GBX 1540.00 and a 1-year high of GBX 2297.00. The stock’s 50-day moving average is GBX 2142. and its 200-day moving average is GBX 1995.. The company’s market cap is £2.823 billion.
The company also recently announced a dividend, which is scheduled for Friday, November 28th. Shareholders of record on Thursday, October 30th will be paid a dividend of GBX 34.10 ($0.57) per share. This represents a dividend yield of 1.63%. The ex-dividend date is Thursday, October 30th.
PFG has been the subject of a number of other recent research reports. Analysts at Societe Generale raised their price target on shares of Provident Financial plc from GBX 1,560 ($26.17) to GBX 2,270 ($38.08) in a research note on Friday, July 25th. They now have a “hold” rating on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Provident Financial plc in a research note on Thursday, July 24th. They now have a GBX 2,210 ($37.07) price target on the stock. Finally, analysts at Berenberg Bank raised their price target on shares of Provident Financial plc from GBX 2,050 ($34.39) to GBX 2,200 ($36.91) in a research note on Thursday, July 24th. They now have a “hold” rating on the stock. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the company’s stock. Provident Financial plc presently has an average rating of “Hold” and an average target price of GBX 1,999.38 ($33.54).
Provident Financial plc provides credit products non-standard borrowers in the United Kingdom and Ireland.
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