Shares of Provident Financial plc (LON:PFG) have received an average rating of “Hold” from the nine analysts that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is GBX 309.13 ($3.93).
A number of research firms have recently issued reports on PFG. Canaccord Genuity cut their price objective on Provident Financial from GBX 378 ($4.81) to GBX 363 ($4.62) and set a “sell” rating for the company in a report on Friday, March 6th. Peel Hunt restated a “buy” rating and set a GBX 260 ($3.31) target price on shares of Provident Financial in a report on Wednesday, June 3rd. Barclays dropped their target price 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. Royal Bank of Canada dropped their target price on Provident Financial from GBX 210 ($2.67) to GBX 195 ($2.48) and set a “sector performer” rating for the company in a report on Thursday, May 28th. Finally, Jefferies Financial Group upgraded Provident Financial to a “buy” rating and dropped their target price for the company from GBX 470 ($5.98) to GBX 250 ($3.18) in a report on Friday, May 29th.
Shares of PFG traded down GBX 1.50 ($0.02) during midday trading on Friday, reaching GBX 174.40 ($2.22). The stock had a trading volume of 464,092 shares, compared to its average volume of 1,310,000. The company’s 50-day moving average is GBX 183.46 and its 200 day moving average is GBX 311.17. Provident Financial has a 12-month low of GBX 126.87 ($1.61) and a 12-month high of GBX 492.70 ($6.27). The company has a current ratio of 4.27, a quick ratio of 4.23 and a debt-to-equity ratio of 275.73. The company has a market capitalization of $452.71 million and a price-to-earnings ratio of 5.27.
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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