Provident Financial (PFG) Lifted to Hold at Berenberg Bank
Berenberg Bank upgraded shares of Provident Financial (LON:PFG) to a hold rating in a report published on Wednesday. Berenberg Bank currently has GBX 610 ($7.80) target price on the stock, down from their prior target price of GBX 630 ($8.05).
PFG has been the topic of a number of other reports. Barclays raised their price target on shares of Provident Financial from GBX 750 ($9.59) to GBX 770 ($9.84) and gave the company an overweight rating in a research note on Wednesday, August 1st. Numis Securities decreased their price target on shares of Provident Financial from GBX 1,264 ($16.16) to GBX 904 ($11.56) and set a buy rating on the stock in a research note on Thursday, May 31st. Shore Capital reaffirmed a hold rating and issued a GBX 640 ($8.18) price target on shares of Provident Financial in a research note on Wednesday, May 9th. JPMorgan Chase & Co. decreased their price target on shares of Provident Financial from GBX 1,040 ($13.29) to GBX 750 ($9.59) and set a neutral rating on the stock in a research note on Wednesday, May 2nd. Finally, Peel Hunt decreased their target price on shares of Provident Financial from GBX 870 ($11.12) to GBX 730 ($9.33) and set a hold rating on the stock in a research note on Thursday, April 26th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of GBX 793.36 ($10.14).
Shares of Provident Financial stock opened at GBX 687.60 ($8.79) on Wednesday. Provident Financial has a twelve month low of GBX 426.60 ($5.45) and a twelve month high of GBX 3,284 ($41.98).
About Provident Financial
Provident Financial plc provides personal credit products to the non-standard lending market in the United Kingdom and the Republic of Ireland. The company offers credit cards; consumer credit, including unsecured and online instalment loans; and finance for cars and light commercial vehicles. It serves 2.5 million customers through its network of branches, call centers, and Websites.
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