Liberum Capital Raises Provident Financial plc Price Target to GBX 1,670 (PFG)
Liberum Capital increased their price target on shares of Provident Financial plc (LON:PFG) from GBX 1,627 ($27.20) to GBX 1,670 ($27.92) in a research note issued on Wednesday. The firm currently has a “sell” rating on the stock. Liberum Capital’s price objective indicates a potential downside of 19.52% from the company’s current price.
Shares of Provident Financial plc (LON:PFG) opened at 2114.00 on Wednesday. Provident Financial plc has a 52-week low of GBX 1540.00 and a 52-week high of GBX 2297.00. The stock has a 50-day moving average of GBX 2128.08 and a 200-day moving average of GBX 2007.. The company’s market cap is £2.883 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.
A number of other firms have also recently commented on PFG. Analysts at RBC Capital reiterated an “underperform” rating on shares of Provident Financial plc in a research note on Thursday, August 14th. They now have a GBX 2,125 ($35.52) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Provident Financial plc in a research note on Thursday, August 14th. Finally, analysts at Panmure Gordon reiterated a “hold” rating on shares of Provident Financial plc in a research note on Thursday, August 14th. They now have a GBX 2,000 ($33.43) price target 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 price target of GBX 2,005.08 ($33.52).
Provident Financial plc provides credit products non-standard borrowers in the United Kingdom and Ireland.
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