Provident Financial plc’s Hold Rating Reaffirmed at Canaccord Genuity (PFG)
Provident Financial plc (LON:PFG)‘s stock had its “hold” rating reaffirmed by Canaccord Genuity in a research note issued on Thursday. They currently have a GBX 1,570 ($26.34) target price on the stock. Canaccord Genuity’s target price would suggest a potential downside of 23.97% from the company’s current price.
Shares of Provident Financial plc (LON:PFG) opened at 2091.9001 on Thursday. 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 2146. and a 200-day moving average of GBX 1995.. The company’s market cap is £2.853 billion.
The company also recently declared a dividend, which is scheduled for Friday, November 28th. Stockholders of record on Thursday, October 30th will be given a dividend of GBX 34.10 ($0.57) per share. This represents a yield of 1.63%. The ex-dividend date of this dividend is Thursday, October 30th.
Several other analysts have also recently commented on the stock. Analysts at Espirito Santo Investment Bank Research reiterated a “neutral” rating on shares of Provident Financial plc in a research note on Thursday. They now have a GBX 2,011 ($33.74) price target on the stock. Finally, 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. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target 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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