Shore Capital reiterated their hold rating on shares of Provident Financial (LON:PFG) in a research report sent to investors on Thursday, ThisIsMoney.Co.Uk reports.
Several other equities research analysts have also recently weighed in on the stock. Peel Hunt reiterated a buy rating and issued a GBX 550 ($7.19) target price on shares of Provident Financial in a research note on Thursday. Canaccord Genuity reduced their target price on shares of Provident Financial from GBX 430 ($5.62) to GBX 378 ($4.94) and set a sell rating for the company in a research note on Friday, September 20th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of GBX 535.43 ($7.00).
Shares of LON PFG traded down GBX 14.50 ($0.19) during mid-day trading on Thursday, hitting GBX 435 ($5.68). The company had a trading volume of 510,469 shares, compared to its average volume of 1,310,000. The company has a debt-to-equity ratio of 320.88, a current ratio of 4.24 and a quick ratio of 4.24. The business’s 50-day simple moving average is GBX 422.73 and its 200-day simple moving average is GBX 433.81. Provident Financial has a 12 month low of GBX 348.70 ($4.56) and a 12 month high of GBX 665.20 ($8.69). The firm has a market cap of $1.10 billion and a P/E ratio of 18.83.
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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