Provident Financial plc (PFG) Earns Hold Rating from Numis Securities Ltd
Provident Financial plc (LON:PFG)‘s stock had its “hold” rating reiterated by Numis Securities Ltd in a research note issued to investors on Tuesday. They currently have a GBX 2,172 ($28.35) price objective on the stock. Numis Securities Ltd’s price objective points to a potential downside of 31.91% from the stock’s previous close.
Other analysts have also issued research reports about the company. Royal Bank Of Canada upped their target price on Provident Financial plc from GBX 3,100 ($40.46) to GBX 3,250 ($42.42) and gave the company a “sector performer” rating in a report on Friday, April 29th. Peel Hunt reaffirmed a “hold” rating and set a GBX 3,130 ($40.86) price objective on shares of Provident Financial plc in a research note on Thursday, May 5th. Barclays PLC reaffirmed an “overweight” rating and set a GBX 3,750 ($48.95) price objective on shares of Provident Financial plc in a research note on Friday, May 6th. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 3,325 ($43.40) price objective on shares of Provident Financial plc in a research note on Tuesday, May 3rd. Finally, Panmure Gordon decreased their price objective on Provident Financial plc from GBX 2,500 ($32.63) to GBX 2,400 ($31.33) and set a “hold” rating on the stock in a research note on Tuesday, July 26th. Six research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Provident Financial plc currently has a consensus rating of “Buy” and an average price target of GBX 2,943.64 ($38.42).
Shares of Provident Financial plc (LON:PFG) traded down 2.595420% during mid-day trading on Tuesday, reaching GBX 3188.019775. 514,651 shares of the company’s stock were exchanged. The stock’s market cap is GBX 4.61 billion. The stock has a 50 day moving average price of GBX 3,006.14 and a 200 day moving average price of GBX 2,839.15. Provident Financial plc has a 52 week low of GBX 2,125.00 and a 52 week high of GBX 3,654.00.
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The company also recently disclosed a dividend, which will be paid on Friday, November 25th. Stockholders of record on Thursday, October 27th will be issued a GBX 43.20 ($0.56) dividend. The ex-dividend date is Thursday, October 27th. This represents a dividend yield of 1.57%.
Provident Financial plc Company Profile
Provident Financial plc is a United Kingdom-based non-standard lender. The Company’s divisions include Vanquis Bank Limited (Vanquis Bank), Consumer Credit Division (CCD) and Moneybarn. Its segments include Vanquis Bank, CCD, Moneybarn and Central. The Company serves non-standard credit customers with a range of products from credit cards and car finance, to home credit and online unsecured, and guarantor loans.
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