Liberum Capital restated their hold rating on shares of Provident Financial plc (LON:PFG) in a research report report published on Thursday, May 4th. Liberum Capital currently has a GBX 2,595 ($33.50) target price on the stock.
Other equities analysts have also issued research reports about the company. Jefferies Group LLC reiterated a buy rating and set a GBX 3,732 ($48.17) price objective on shares of Provident Financial plc in a research note on Friday, March 31st. Numis Securities Ltd reiterated a not rated rating and set a GBX 2,770 ($35.76) price objective on shares of Provident Financial plc in a research note on Tuesday, April 4th. Goldman Sachs Group Inc lifted their price objective on Provident Financial plc from GBX 3,060 ($39.50) to GBX 3,170 ($40.92) and gave the company a neutral rating in a research note on Thursday, April 6th. Royal Bank of Canada upgraded Provident Financial plc to an outperform rating and lifted their price objective for the company from GBX 3,000 ($38.72) to GBX 3,200 ($41.31) in a research note on Friday, March 24th. Finally, Peel Hunt reiterated an add rating and set a GBX 3,365 ($43.44) price objective on shares of Provident Financial plc in a research note on Monday, March 27th. One analyst has rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the company. The company presently has an average rating of Buy and an average price target of GBX 3,134.55 ($40.46).
Shares of Provident Financial plc (LON:PFG) traded up 0.97% during mid-day trading on Thursday, reaching GBX 3108.00. 325,439 shares of the company’s stock traded hands. Provident Financial plc has a 12 month low of GBX 2,125.00 and a 12 month high of GBX 3,402.27. The company has a 50 day moving average of GBX 3,158.54 and a 200 day moving average of GBX 2,921.91. The company’s market cap is GBX 4.51 billion.
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The company also recently disclosed a dividend, which will be paid on Friday, June 23rd. Investors of record on Thursday, May 18th will be issued a GBX 91.40 ($1.18) dividend. This represents a yield of 3.13%. This is a boost from Provident Financial plc’s previous dividend of $43.20. The ex-dividend date is Thursday, May 18th.
In other news, insider Ken Mullen sold 7,522 shares of the business’s stock in a transaction that occurred on Wednesday, April 12th. The stock was sold at an average price of GBX 3,106 ($40.09), for a total transaction of £233,633.32 ($301,579.09). Over the last 90 days, insiders have bought 14 shares of company stock worth $42,987.
Provident Financial plc Company Profile
Provident Financial plc is a United Kingdom-based non-standard lender. The Company’s divisions include Vanquis Bank Limited (Vanquis Bank), Consumer Credit Division (CCD) and Moneybarn. Its segments include Vanquis Bank, CCD, Moneybarn and Central. The Company serves non-standard credit customers with a range of products from credit cards and car finance, to home credit and online unsecured, and guarantor loans.
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