Provident Financial plc’s (PFG) “Buy” Rating Reaffirmed at Peel Hunt
Provident Financial plc (LON:PFG)‘s stock had its “buy” rating reiterated by equities research analysts at Peel Hunt in a research report issued on Friday. They currently have a GBX 3,130 ($38.74) target price on the stock. Peel Hunt’s price target would indicate a potential upside of 1.66% from the company’s current price.
PFG has been the topic of a number of other research reports. JPMorgan Chase & Co. lifted their target price on shares of Provident Financial plc from GBX 3,200 ($39.60) to GBX 3,300 ($40.84) and gave the stock an “overweight” rating in a research report on Tuesday, July 19th. Barclays PLC lifted their target price on shares of 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. Numis Securities Ltd reiterated a “hold” rating and issued a GBX 2,172 ($26.88) target price on shares of Provident Financial plc in a research report on Tuesday, July 26th. Liberum Capital lifted their target price on shares of 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. Finally, Goldman Sachs Group Inc. reiterated a “buy” rating and issued a GBX 3,325 ($41.15) target price on shares of Provident Financial plc in a research report on Tuesday, June 28th. Six investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Provident Financial plc has an average rating of “Buy” and an average target price of GBX 2,974.45 ($36.81).
Shares of Provident Financial plc (LON:PFG) opened at 3051.00 on Friday. Provident Financial plc has a 12-month low of GBX 2,125.00 and a 12-month high of GBX 3,654.00. The firm’s market cap is GBX 4.41 billion. The company has a 50 day moving average of GBX 3,029.67 and a 200-day moving average of GBX 2,841.52.
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The business also recently announced a dividend, which will be paid on Friday, November 25th. Stockholders of record on Thursday, October 27th will be paid a dividend of GBX 43.20 ($0.53) per share. This represents a dividend 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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