Provident Financial (LON:PFG)‘s stock had its “sell” rating restated by analysts at Liberum Capital in a research note issued to investors on Tuesday. They currently have a GBX 483 ($6.50) price objective on the stock. Liberum Capital’s target price suggests a potential downside of 38.90% from the company’s current price.

A number of other research analysts have also recently weighed in on PFG. Numis Securities reaffirmed a “sell” rating on shares of Provident Financial in a research report on Tuesday, August 22nd. Shore Capital reaffirmed an “under review” rating on shares of Provident Financial in a research report on Tuesday, August 22nd. Peel Hunt reaffirmed an “under review” rating on shares of Provident Financial in a research report on Tuesday, August 22nd. Barclays cut Provident Financial to an “equal weight” rating in a research report on Wednesday, August 23rd. Finally, Deutsche Bank cut Provident Financial to a “neutral” rating in a research report on Wednesday, August 23rd. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have assigned a buy rating to the company’s stock. Provident Financial currently has an average rating of “Hold” and a consensus target price of GBX 1,596.31 ($21.48).

Provident Financial (PFG) traded down GBX 89.50 ($1.20) during trading on Tuesday, hitting GBX 790.50 ($10.64). The company’s stock had a trading volume of 3,819,383 shares, compared to its average volume of 1,280,000. Provident Financial has a 1-year low of GBX 426.60 ($5.74) and a 1-year high of GBX 3,284 ($44.20).

TRADEMARK VIOLATION NOTICE: “Provident Financial (PFG) Rating Reiterated by Liberum Capital” was first reported by American Banking News and is the sole property of of American Banking News. If you are viewing this piece of content on another publication, it was illegally copied and reposted in violation of US & international copyright and trademark law. The legal version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/12/05/provident-financial-pfg-rating-reiterated-by-liberum-capital.html.

Provident Financial 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.

Analyst Recommendations for Provident Financial (LON:PFG)

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.