FinnCap Reiterates “Corporate” Rating for Orchard Funding Group PLC (ORCH)
Orchard Funding Group PLC (LON:ORCH)‘s stock had its “corporate” rating restated by equities research analysts at FinnCap in a research report issued to clients and investors on Monday. They currently have a GBX 105 ($1.31) price target on the stock. FinnCap’s target price points to a potential upside of 20.00% from the company’s previous close.
Shares of Orchard Funding Group PLC (LON:ORCH) opened at 87.50 on Monday. The stock has a 50 day moving average price of GBX 86.80 and a 200-day moving average price of GBX 95.43. The stock’s market cap is GBX 18.68 million. Orchard Funding Group PLC has a 52 week low of GBX 80.00 and a 52 week high of GBX 120.30.
The firm also recently declared a dividend, which will be paid on Friday, December 23rd. Shareholders of record on Thursday, December 15th will be issued a dividend of GBX 1.41 ($0.02) per share. This represents a yield of 1.61%. The ex-dividend date is Thursday, December 15th.
About Orchard Funding Group PLC
Orchard Funding Group Plc is a United Kingdom-based finance company. The Company, through its wholly owned subsidiaries Bexhill UK Limited and Orchard Funding Limited, specializes in insurance premium finance and the professional fee funding market. The Company provides finance to clients of United Kingdom insurance brokers and professional firms, such as accountants and lawyers.
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