Propel (TSE:PRL) PT Set at C$38.00 by Stifel Nicolaus

Propel (TSE:PRL) has been assigned a C$38.00 target price by stock analysts at Stifel Nicolaus in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock.

Several other brokerages have also recently commented on PRL. Scotiabank dropped their target price on Propel from C$40.00 to C$38.00 in a report on Wednesday, November 5th. Ventum Financial cut their target price on Propel from C$42.00 to C$40.00 in a research report on Thursday, November 6th. Finally, Raymond James Financial dropped their price target on Propel from C$42.00 to C$35.00 in a research note on Wednesday, November 5th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Propel has an average rating of “Buy”.

Propel Trading Up 0.8%

Propel stock traded up $0.22 during midday trading on Thursday, reaching $26.92. 304,229 shares of the stock traded hands, compared to its average volume of 196,555. Propel has a fifty-two week low of $20.00 and a fifty-two week high of $43.36. The firm has a market cap of $1.06 billion, a price-to-earnings ratio of 17.26 and a beta of 1.07. The firm has a fifty day moving average price of $24.85 and a two-hundred day moving average price of $31.01.

Propel Company Profile

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.