Pra Group Inc (PRAA) Receives Consensus Recommendation of “Hold” from Analysts
Pra Group Inc (NASDAQ:PRAA) has earned a consensus rating of “Hold” from the eight research firms that are presently covering the company, MarketBeat.com reports. Six analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $35.00.
PRAA has been the subject of a number of recent research reports. Buckingham Research initiated coverage on Pra Group in a research report on Thursday, January 3rd. They set a “neutral” rating for the company. Oppenheimer restated a “hold” rating on shares of Pra Group in a research report on Friday, November 9th. BidaskClub upgraded Pra Group from a “hold” rating to a “buy” rating in a research report on Saturday, January 12th. ValuEngine downgraded Pra Group from a “buy” rating to a “hold” rating in a research report on Tuesday, December 11th. Finally, Zacks Investment Research upgraded Pra Group from a “strong sell” rating to a “hold” rating in a research report on Friday, November 16th.
Shares of PRAA stock traded up $0.30 on Friday, reaching $31.75. 236,849 shares of the stock were exchanged, compared to its average volume of 236,822. The company has a market cap of $1.42 billion, a P/E ratio of 23.87 and a beta of 1.83. Pra Group has a one year low of $22.62 and a one year high of $43.75.
About Pra Group
PRA Group, Inc, a financial and business services company, engages in the purchase, collection, and management of portfolios of nonperforming loans in the Americas and Europe. It is involved in the acquisition of accounts that are primarily the unpaid obligations of individuals owed to credit grantors, which include banks and other types of consumer, retail, and auto finance companies.
Receive News & Ratings for Pra Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pra Group and related companies with MarketBeat.com's FREE daily email newsletter.