Numis Securities Ltd Reiterates Buy Rating for Provident Financial plc (PFG)
Provident Financial plc (LON:PFG)‘s stock had its “buy” rating reissued by equities research analysts at Numis Securities Ltd in a research note issued on Wednesday. They currently have a GBX 1,091 ($14.11) price objective on the stock. Numis Securities Ltd’s price target points to a potential upside of 22.31% from the stock’s previous close.
Several other equities research analysts have also recently issued reports on the stock. Societe Generale reissued a “buy” rating and issued a GBX 3,110 ($40.22) price objective on shares of Provident Financial plc in a research report on Monday, July 24th. Barclays PLC cut shares of Provident Financial plc to an “equal weight” rating in a research report on Wednesday, August 23rd. Shore Capital reissued a “buy” rating on shares of Provident Financial plc in a research report on Tuesday, July 4th. Jefferies Group LLC lowered their price objective on shares of Provident Financial plc from GBX 3,845 ($49.73) to GBX 3,478 ($44.98) and set a “buy” rating for the company in a research report on Wednesday, June 21st. Finally, Beaufort Securities reissued a “hold” rating and issued a GBX 2,200 ($28.45) price objective on shares of Provident Financial plc in a research report on Wednesday, July 26th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the stock. Provident Financial plc presently has an average rating of “Hold” and an average price target of GBX 2,494.92 ($32.27).
Provident Financial plc (LON PFG) traded down 1.60% on Wednesday, hitting GBX 892.00. The stock had a trading volume of 1,321,247 shares. The stock’s 50-day moving average is GBX 1,974.51 and its 200-day moving average is GBX 2,702.40. Provident Financial plc has a 52-week low of GBX 426.60 and a 52-week high of GBX 3,402.27. The company’s market cap is GBX 1.29 billion.
COPYRIGHT VIOLATION WARNING: “Numis Securities Ltd Reiterates Buy Rating for Provident Financial plc (PFG)” was originally reported by American Banking News and is owned by of American Banking News. If you are reading this report on another domain, it was stolen and republished in violation of U.S. and international copyright & trademark law. The original version of this report can be accessed at https://www.americanbankingnews.com/2017/08/30/numis-securities-ltd-reiterates-buy-rating-for-provident-financial-plc-pfg.html.
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.