International Personal Finance Plc’s (IPF) Buy Rating Reiterated at Numis Securities Ltd
International Personal Finance Plc (LON:IPF)‘s stock had its “buy” rating restated by equities research analysts at Numis Securities Ltd in a report issued on Thursday. They currently have a GBX 484 ($6.32) price objective on the stock. Numis Securities Ltd’s price target suggests a potential upside of 78.53% from the stock’s previous close.
Several other equities analysts have also recently issued reports on the company. Peel Hunt raised International Personal Finance Plc to an “add” rating and lowered their price objective for the company from GBX 340 ($4.44) to GBX 300 ($3.92) in a research report on Friday, September 2nd. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a GBX 225 ($2.94) price objective on shares of International Personal Finance Plc in a research report on Friday, July 29th. Liberum Capital reaffirmed a “hold” rating and issued a GBX 272 ($3.55) price objective on shares of International Personal Finance Plc in a research report on Thursday, July 28th. Finally, Shore Capital reaffirmed a “hold” rating on shares of International Personal Finance Plc in a research report on Thursday, July 28th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of GBX 342.29 ($4.47).
Shares of International Personal Finance Plc (LON:IPF) opened at 274.20 on Thursday. International Personal Finance Plc has a 1-year low of GBX 215.60 and a 1-year high of GBX 435.70. The company’s market cap is GBX 605.16 million. The company’s 50-day moving average price is GBX 271.09 and its 200 day moving average price is GBX 277.75.
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The company also recently declared a dividend, which will be paid on Friday, October 7th. Stockholders of record on Thursday, September 1st will be issued a dividend of GBX 4.60 ($0.06) per share. The ex-dividend date of this dividend is Thursday, September 1st. This represents a dividend yield of 1.81%.
In other news, insider Ryan,Gerard sold 15,130 shares of the stock in a transaction on Wednesday, August 24th. The stock was sold at an average price of GBX 267 ($3.49), for a total transaction of £40,397.10 ($52,730.84).
About International Personal Finance Plc
International Personal Finance plc is a United Kingdom-based holding company. The Company provides credit responsibly to people borrowing small sums and repay in manageable amounts. The Company’s segments include home credit and digital. The Company’s home credit loans are repaid weekly over 60 weeks.
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