Provident Financial plc (LON:PFG) Coverage Initiated at Berenberg Bank

Stock analysts at Berenberg Bank initiated coverage on shares of Provident Financial plc (LON:PFG) in a report released on Friday. The brokerage set a “hold” rating and a GBX 2,310 ($30.16) price target on the stock. Berenberg Bank’s price target points to a potential upside of 0.30% from the company’s current price.

PFG has been the topic of a number of other research reports. Peel Hunt reaffirmed an “add” rating and issued a GBX 3,365 ($43.94) price target on shares of Provident Financial plc in a research note on Monday, March 27th. Jefferies Group LLC lifted their price target on shares of Provident Financial plc from GBX 3,732 ($48.73) to GBX 3,845 ($50.21) and gave the company a “buy” rating in a research note on Tuesday, April 25th. Shore Capital reaffirmed a “buy” rating on shares of Provident Financial plc in a research note on Monday, April 10th. Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 3,430 ($44.79) price target on shares of Provident Financial plc in a research note on Thursday, June 22nd. Finally, Liberum Capital reaffirmed a “hold” rating and issued a GBX 2,256 ($29.46) price target on shares of Provident Financial plc in a research note on Friday, March 24th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of GBX 2,715.18 ($35.46).

Shares of Provident Financial plc (LON:PFG) opened at 2329.00 on Friday. The stock’s market cap is GBX 3.38 billion. Provident Financial plc has a 12 month low of GBX 2,252.00 and a 12 month high of GBX 3,402.27. The company has a 50 day moving average of GBX 2,909.73 and a 200 day moving average of GBX 2,914.69.

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About Provident Financial plc

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.

Analyst Recommendations for Provident Financial plc (LON:PFG)

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