Provident Financial plc (PFG) Stock Rating Reaffirmed by Shore Capital
Provident Financial plc (LON:PFG)‘s stock had its “buy” rating reaffirmed by investment analysts at Shore Capital in a research note issued on Friday.
A number of other brokerages have also weighed in on PFG. Liberum Capital reaffirmed a “hold” rating on shares of Provident Financial plc in a research note on Tuesday, September 6th. Societe Generale raised shares of Provident Financial plc to a “buy” rating and reduced their target price for the stock from GBX 3,170 ($39.23) to GBX 3,095 ($38.30) in a research note on Tuesday, July 5th. Peel Hunt raised shares of Provident Financial plc to a “buy” rating and set a GBX 3,130 ($38.74) target price for the company in a research note on Tuesday, July 26th. Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 3,170 ($39.23) target price on shares of Provident Financial plc in a research note on Monday, August 8th. Finally, Royal Bank Of Canada reduced their price objective on shares of Provident Financial plc from GBX 3,250 ($40.22) to GBX 3,000 ($37.13) and set a “sector performer” rating for the company in a research note on Tuesday, September 6th. Five analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock presently 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 3037.00 on Friday. The company’s 50-day moving average price is GBX 3,029.67 and its 200-day moving average price is GBX 2,841.52. Provident Financial plc has a 52-week low of GBX 2,125.00 and a 52-week high of GBX 3,654.00. The firm’s market capitalization is GBX 4.39 billion.
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The business also recently declared a dividend, which will be paid on Friday, November 25th. Shareholders of record on Thursday, October 27th will be issued a GBX 43.20 ($0.53) dividend. The ex-dividend date of this dividend is Thursday, October 27th. This represents a 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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