Propel (TSE:PRL) PT Set at C$38.00 by Stifel Nicolaus

Propel (TSE:PRL) has been assigned a C$38.00 target price by analysts at Stifel Nicolaus in a note issued to investors on Thursday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock.

Several other brokerages have also issued reports on PRL. Raymond James Financial decreased their target price on Propel from C$42.00 to C$35.00 in a research report on Wednesday, November 5th. Scotiabank decreased their price objective on Propel from C$40.00 to C$38.00 in a report on Wednesday, November 5th. Finally, Ventum Financial lowered their price objective on Propel from C$42.00 to C$40.00 in a research report on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company. According to data from MarketBeat, Propel has a consensus rating of “Buy”.

Propel Price Performance

PRL stock opened at $25.94 on Thursday. Propel has a 1 year low of $20.00 and a 1 year high of $43.36. The firm has a 50-day moving average of $24.67 and a 200 day moving average of $30.93. The company has a market cap of $1.02 billion, a P/E ratio of 16.63 and a beta of 0.90.

About Propel

Propel Holdings Inc is a financial technology company committed to credit inclusion and helping underserved consumers by providing fair, fast, and transparent access to credit. It operates through its two brands: MoneyKey and CreditFresh. The company, through its MoneyKey brand, is a state-licensed direct lender and offers either Installment Loans or Lines of Credit to new customers in several US states.