Shore Capital Reiterates “Buy” Rating for Provident Financial plc (PFG)
Provident Financial plc (LON:PFG)‘s stock had its “buy” rating reaffirmed by investment analysts at Shore Capital in a report released on Friday.
Several other research firms have also issued reports on PFG. Goldman Sachs Group Inc. reaffirmed a “buy” rating and set a GBX 3,325 ($40.52) price target on shares of Provident Financial plc in a research report on Tuesday, June 28th. Canaccord Genuity dropped their price target on shares of Provident Financial plc from GBX 3,325 ($40.52) to GBX 3,170 ($38.63) and set a “buy” rating on the stock in a research report on Thursday, July 7th. Societe Generale raised shares of Provident Financial plc to a “buy” rating and dropped their price target for the stock from GBX 3,170 ($38.63) to GBX 3,095 ($37.72) in a research report on Tuesday, July 5th. Peel Hunt raised shares of Provident Financial plc to a “buy” rating and set a GBX 3,130 ($38.15) price target on the stock in a research report on Tuesday, July 26th. Finally, Citigroup Inc. reaffirmed a “buy” rating on shares of Provident Financial plc in a research report on Wednesday, August 3rd. Five investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of GBX 3,066 ($37.37).
Provident Financial plc (LON:PFG) opened at 3020.00 on Friday. The company’s market capitalization is GBX 4.36 billion. Provident Financial plc has a 12-month low of GBX 2,125.00 and a 12-month high of GBX 3,654.00. The stock’s 50 day moving average is GBX 3,032.71 and its 200-day moving average is GBX 2,841.54.
The business also recently announced a dividend, which will be paid on Friday, November 25th. Stockholders of record on Thursday, October 27th will be issued a GBX 43.20 ($0.53) dividend. The ex-dividend date 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.