Numis Securities Ltd Reaffirms Hold Rating for Provident Financial plc (PFG)
Provident Financial plc (LON:PFG)‘s stock had its “hold” rating restated by equities researchers at Numis Securities Ltd in a research report issued to clients and investors on Friday.
Other equities analysts also recently issued reports about the company. Panmure Gordon reiterated a “hold” rating on shares of Provident Financial plc in a research report on Friday. Liberum Capital boosted their price objective on Provident Financial plc from GBX 2,256 ($27.92) to GBX 2,595 ($32.12) and gave the stock a “hold” rating in a research report on Friday. Peel Hunt reiterated a “buy” rating and set a GBX 3,130 ($38.74) price objective on shares of Provident Financial plc in a research report on Friday. Barclays PLC boosted their price objective on Provident Financial plc from GBX 2,800 ($34.65) to GBX 2,900 ($35.89) and gave the stock an “overweight” rating in a research report on Wednesday, July 27th. Finally, Canaccord Genuity reissued a “buy” rating and set a GBX 3,170 ($39.23) target price on shares of Provident Financial plc in a report on Wednesday, July 27th. Six equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of GBX 2,974.45 ($36.81).
Shares of Provident Financial plc (LON:PFG) opened at 3037.00 on Friday. The stock’s 50 day moving average price is GBX 3,029.67 and its 200 day moving average price is GBX 2,841.52. The firm’s market cap is GBX 4.39 billion. Provident Financial plc has a 12-month low of GBX 2,125.00 and a 12-month high of GBX 3,654.00.
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The company also recently announced a dividend, which will be paid on Friday, November 25th. Shareholders of record on Thursday, October 27th will be paid a dividend of GBX 43.20 ($0.53) per share. This represents a yield of 1.57%. The ex-dividend date is Thursday, October 27th.
About Provident Financial plc
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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