Provident Financial plc’s “Hold” Rating Reiterated at Berenberg Bank (PFG)
Provident Financial plc (LON:PFG)‘s stock had its “hold” rating reissued by equities research analysts at Berenberg Bank in a research note issued to investors on Wednesday. They currently have a GBX 2,330 ($38.95) target price on the stock. Berenberg Bank’s price target suggests a potential upside of 12.29% from the company’s current price.
Shares of Provident Financial plc (LON:PFG) opened at 2104.00 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 £2.870 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 ($0.57) per share. This represents a dividend yield of 1.63%. The ex-dividend date is Thursday, October 30th.
Several other analysts have also recently commented on the stock. Analysts at Liberum Capital raised their price target on shares of Provident Financial plc from GBX 1,627 ($27.20) to GBX 1,670 ($27.92) in a research note on Wednesday. They now have a “sell” rating on the stock. Separately, 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. Finally, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Provident Financial plc in a research note on Thursday, August 14th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the company. Provident Financial plc has a consensus rating of “Hold” and an average target price 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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