Propel (TSE:PRL) Given a C$38.00 Price Target by Stifel Nicolaus Analysts

Propel (TSE:PRL) received a C$38.00 price objective from research analysts at Stifel Nicolaus in a research report issued on Thursday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock.

A number of other equities research analysts have also recently issued reports on PRL. Raymond James Financial decreased their price objective on shares of Propel from C$42.00 to C$35.00 in a report on Wednesday, November 5th. Ventum Financial lowered their price objective on Propel from C$42.00 to C$40.00 in a report on Thursday, November 6th. Finally, Scotiabank reduced their target price on Propel from C$40.00 to C$38.00 in a report on Wednesday, November 5th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Propel Stock Performance

Shares of Propel stock traded up $0.22 during trading on Thursday, hitting $26.92. 304,229 shares of the stock traded hands, compared to its average volume of 196,555. The stock has a market cap of $1.06 billion, a P/E ratio of 17.26 and a beta of 1.07. The company has a fifty day moving average price of $24.85 and a two-hundred day moving average price of $31.01. Propel has a twelve month low of $20.00 and a twelve month high of $43.36.

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.