Jefferies Group LLC cut shares of Provident Financial plc (LON:PFG) to a hold rating in a report released on Thursday morning. Jefferies Group LLC currently has GBX 940 ($12.16) target price on the stock, down from their prior target price of GBX 3,478 ($44.98).

Several other research analysts have also recently issued reports on PFG. Liberum Capital reissued a hold rating and issued a GBX 2,595 ($33.56) price objective on shares of Provident Financial plc in a research note on Thursday, May 4th. Shore Capital reissued a buy rating on shares of Provident Financial plc in a research note on Tuesday, May 9th. Peel Hunt cut Provident Financial plc to a hold rating and set a GBX 3,365 ($43.52) price objective on the stock. in a research note on Friday, May 12th. Numis Securities Ltd reissued a hold rating and issued a GBX 2,770 ($35.83) price objective on shares of Provident Financial plc in a research note on Friday, May 12th. Finally, Goldman Sachs Group, Inc. (The) dropped their price objective on Provident Financial plc from GBX 3,170 ($41.00) to GBX 3,140 ($40.61) and set a neutral rating on the stock in a research note on Tuesday, May 23rd. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company. Provident Financial plc currently has a consensus rating of Hold and an average price target of GBX 2,283.42 ($29.53).

Shares of Provident Financial plc (LON PFG) opened at 872.00 on Thursday. The company’s market capitalization is GBX 1.26 billion. Provident Financial plc has a 12 month low of GBX 426.60 and a 12 month high of GBX 3,402.27. The stock has a 50 day moving average price of GBX 1,790.78 and a 200-day moving average price of GBX 2,638.33.

COPYRIGHT VIOLATION WARNING: “Jefferies Group LLC Lowers Provident Financial plc (PFG) to Hold” was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this story on another site, it was illegally copied and republished in violation of U.S. & international trademark and copyright legislation. The correct version of this story can be viewed at https://www.thecerbatgem.com/2017/09/04/jefferies-group-llc-lowers-provident-financial-plc-pfg-to-hold.html.

The business also recently announced a dividend, which will be paid on Thursday, November 30th. Shareholders of record on Thursday, October 26th will be given a dividend of GBX 43.20 ($0.56) per share. The ex-dividend date is Thursday, October 26th. This represents a yield of 2%.

About Provident Financial plc

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 plc (LON:PFG)

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.