Provident Financial plc (PFG) Given Consensus Rating of “Hold” by Analysts
Shares of Provident Financial plc (LON:PFG) have been assigned an average rating of “Hold” from the ten research firms that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is GBX 783.25 ($10.23).
Several analysts have issued reports on PFG shares. Peel Hunt restated a “hold” rating on shares of Provident Financial in a research note on Thursday, November 1st. Shore Capital reiterated an “under review” rating on shares of Provident Financial in a research note on Tuesday, January 15th. Barclays decreased their price objective on Provident Financial from GBX 753 ($9.84) to GBX 664 ($8.68) and set an “overweight” rating on the stock in a research note on Wednesday, January 16th. Berenberg Bank decreased their price objective on Provident Financial from GBX 610 ($7.97) to GBX 590 ($7.71) and set a “hold” rating on the stock in a research note on Thursday, January 17th. Finally, JPMorgan Chase & Co. decreased their price objective on Provident Financial from GBX 725 ($9.47) to GBX 650 ($8.49) and set a “neutral” rating on the stock in a research note on Wednesday, January 16th.
Shares of PFG traded up GBX 5.90 ($0.08) during mid-day trading on Wednesday, hitting GBX 504.60 ($6.59). The stock had a trading volume of 161,943 shares, compared to its average volume of 1,310,000. Provident Financial has a 52 week low of GBX 426.60 ($5.57) and a 52 week high of GBX 3,284 ($42.91).
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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