Provident Financial’s (PFG) “Buy” Rating Reiterated at Peel Hunt
Peel Hunt reaffirmed their buy rating on shares of Provident Financial (LON:PFG) in a report issued on Monday morning, ThisIsMoney.Co.Uk reports.
Several other equities research analysts also recently issued reports on PFG. Peel Hunt restated a buy rating and issued a GBX 550 ($7.23) price target on shares of Provident Financial in a report on Wednesday, January 15th. Royal Bank of Canada started coverage on Provident Financial in a report on Friday, December 6th. They issued a sector performer rating and a GBX 445 ($5.85) price target for the company. Barclays restated an overweight rating on shares of Provident Financial in a report on Thursday, January 16th. Berenberg Bank lowered their price target on Provident Financial from GBX 540 ($7.10) to GBX 470 ($6.18) and set a hold rating for the company in a report on Monday, November 11th. Finally, Shore Capital restated a hold rating on shares of Provident Financial in a report on Wednesday, January 15th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of GBX 496.14 ($6.53).
Shares of Provident Financial stock opened at GBX 475.50 ($6.25) on Monday. Provident Financial has a 1 year low of GBX 348.70 ($4.59) and a 1 year high of GBX 636.20 ($8.37). The business has a 50-day moving average of GBX 458.66 and a two-hundred day moving average of GBX 427.88. The company has a market capitalization of $1.21 billion and a P/E ratio of 20.58. The company has a debt-to-equity ratio of 320.88, a current ratio of 4.24 and a quick ratio of 4.24.
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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