Provident Financial plc’s (PFG) “Buy” Rating Reaffirmed at Peel Hunt
Provident Financial plc (LON:PFG)‘s stock had its “buy” rating restated by analysts at Peel Hunt in a research report issued on Friday. They currently have a GBX 3,130 ($38.74) price objective on the stock. Peel Hunt’s price target points to a potential upside of 1.66% from the company’s previous close.
Several other analysts have also recently weighed in on the stock. JPMorgan Chase & Co. reissued an “outperform” rating and issued a GBX 3,200 ($39.60) price objective on shares of Provident Financial plc in a research note on Thursday, August 25th. Canaccord Genuity reduced their price objective on shares of Provident Financial plc from GBX 3,325 ($41.15) to GBX 3,170 ($39.23) and set a “buy” rating on the stock in a research note on Thursday, July 7th. Panmure Gordon reduced their price objective on shares of Provident Financial plc from GBX 2,500 ($30.94) to GBX 2,400 ($29.70) and set a “hold” rating on the stock in a research note on Tuesday, July 26th. Goldman Sachs Group Inc. reissued a “buy” rating and issued a GBX 3,325 ($41.15) price objective on shares of Provident Financial plc in a research note on Tuesday, June 28th. Finally, Shore Capital reissued a “hold” rating on shares of Provident Financial plc in a research note on Friday, June 24th. Six analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Provident Financial plc 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 3051.00 on Friday. Provident Financial plc has a 1-year low of GBX 2,125.00 and a 1-year high of GBX 3,654.00. The firm has a 50 day moving average price of GBX 3,029.67 and a 200 day moving average price of GBX 2,841.52. The firm’s market cap is GBX 4.41 billion.
The business also recently disclosed a dividend, which will be paid on Friday, November 25th. Stockholders of record on Thursday, October 27th will be given a dividend of GBX 43.20 ($0.53) per share. The ex-dividend date of this dividend is Thursday, October 27th. This represents a dividend 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.
Receive News & Stock 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 stocks with our FREE daily email newsletter.