Canaccord Genuity Reaffirms Buy Rating for International Personal Finance Plc (IPF)
International Personal Finance Plc (LON:IPF)‘s stock had its “buy” rating reiterated by research analysts at Canaccord Genuity in a report released on Monday. They currently have a GBX 630 ($10.45) price target on the stock. Canaccord Genuity’s price objective would suggest a potential upside of 21.97% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Citigroup Inc. cut their price target on shares of International Personal Finance Plc from GBX 700 ($11.62) to GBX 650 ($10.79) in a research note on Wednesday, August 13th. They now have a “buy” rating on the stock. Separately, analysts at HSBC cut their price target on shares of International Personal Finance Plc from GBX 580 ($9.62) to GBX 520 ($8.63) in a research note on Monday, August 11th. They now have a “neutral” rating on the stock. Finally, analysts at Berenberg Bank cut their price target on shares of International Personal Finance Plc from GBX 565 ($9.38) to GBX 525 ($8.71) in a research note on Thursday, August 7th. They now have a “hold” rating on the stock. One research analyst has rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 630.64 ($10.47).
Shares of International Personal Finance Plc (LON:IPF) opened at 511.00 on Monday. 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 543.3 and a 200-day moving average of GBX 552.. The company’s market cap is £1.214 billion.
The company also recently declared a dividend, which is scheduled for Friday, October 3rd. Stockholders of record on Wednesday, September 3rd will be given a dividend of GBX 4.20 ($0.07) per share. This represents a yield of 0.77%. The ex-dividend date of this dividend is Wednesday, September 3rd.
International Personal Finance plc is a provider of international home credit business serving 2.4 million customers.
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