Panmure Gordon Reaffirms “Hold” Rating for Provident Financial plc (PFG)
Provident Financial plc (LON:PFG)‘s stock had its “hold” rating reiterated by Panmure Gordon in a research note issued to investors on Friday.
A number of other equities research analysts have also weighed in on the stock. Canaccord Genuity restated a “buy” rating and issued a GBX 3,170 ($39.23) target price on shares of Provident Financial plc in a report on Tuesday, September 20th. Liberum Capital restated a “hold” rating and issued a GBX 2,256 ($27.92) target price on shares of Provident Financial plc in a report on Thursday, September 15th. Jefferies Group initiated coverage on shares of Provident Financial plc in a report on Thursday, September 8th. They issued a “buy” rating and a GBX 3,732 ($46.19) target price on the stock. Royal Bank Of Canada lowered their target price on shares of Provident Financial plc from GBX 3,250 ($40.22) to GBX 3,000 ($37.13) and set a “sector performer” rating on the stock in a report on Tuesday, September 6th. Finally, JPMorgan Chase & Co. restated an “outperform” rating and issued a GBX 3,200 ($39.60) target price on shares of Provident Financial plc in a report on Thursday, August 25th. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Provident Financial plc currently has a consensus rating of “Buy” and an average price target of GBX 2,974.45 ($36.81).
Shares of Provident Financial plc (LON:PFG) opened at 3051.00 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 company’s market cap is GBX 4.41 billion. Provident Financial plc has a one year low of GBX 2,125.00 and a one year high of GBX 3,654.00.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/14/panmure-gordon-reaffirms-hold-rating-for-provident-financial-plc-pfg.html
The business also recently announced a dividend, which will be paid on Friday, November 25th. Stockholders of record on Thursday, October 27th will be given a dividend of GBX 43.20 ($0.53) per share. This represents a dividend yield of 1.57%. The ex-dividend date of this dividend is Thursday, October 27th.
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.
Receive News & Ratings for Provident Financial plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Provident Financial plc and related companies with MarketBeat.com's FREE daily email newsletter.