Shares of Provident Financial plc (LON:PFG) have been assigned an average rating of “Hold” from the nine ratings firms that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and five have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is GBX 309.13 ($3.93).
Several research analysts have issued reports on PFG shares. Berenberg Bank dropped their target price on Provident Financial from GBX 470 ($5.98) to GBX 250 ($3.18) and set a “hold” rating for the company in a research report on Wednesday, April 1st. Barclays lowered their price target on Provident Financial from GBX 510 ($6.49) to GBX 405 ($5.15) and set an “overweight” rating for the company in a report on Thursday, May 28th. Peel Hunt reiterated a “buy” rating and issued a GBX 260 ($3.31) price target on shares of Provident Financial in a report on Wednesday, June 3rd. JPMorgan Chase & Co. lowered their price target on Provident Financial from GBX 240 ($3.05) to GBX 200 ($2.55) and set a “neutral” rating for the company in a report on Monday, April 20th. Finally, Shore Capital reiterated a “buy” rating on shares of Provident Financial in a report on Wednesday, May 27th.
Shares of LON:PFG traded down GBX 1.50 ($0.02) during trading hours on Friday, hitting GBX 174.40 ($2.22). 464,092 shares of the company’s stock traded hands, compared to its average volume of 1,310,000. Provident Financial has a 1 year low of GBX 126.87 ($1.61) and a 1 year high of GBX 492.70 ($6.27). The business has a fifty day moving average price of GBX 183.46 and a 200-day moving average price of GBX 311.17. The firm has a market capitalization of $452.71 million and a P/E ratio of 5.27. The company has a debt-to-equity ratio of 275.73, a current ratio of 4.27 and a quick ratio of 4.23.
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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