Shares of Provident Financial plc (LON:PFG) have been assigned an average recommendation of “Hold” from the nine research firms that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 507.17 ($6.63).
PFG has been the topic of a number of recent analyst reports. Barclays reissued an “overweight” rating on shares of Provident Financial in a research report on Wednesday, November 27th. Peel Hunt restated a “buy” rating and set a GBX 550 ($7.19) target price on shares of Provident Financial in a research report on Thursday, November 7th. Canaccord Genuity cut their target price on Provident Financial from GBX 430 ($5.62) to GBX 378 ($4.94) and set a “sell” rating on the stock in a research note on Friday, September 20th. Berenberg Bank reduced their price target on Provident Financial from GBX 540 ($7.06) to GBX 470 ($6.14) and set a “hold” rating on the stock in a report on Monday, November 11th. Finally, Royal Bank of Canada initiated coverage on Provident Financial in a report on Friday. They issued a “sector performer” rating and a GBX 445 ($5.81) price target on the stock.
Shares of PFG stock traded up GBX 3.20 ($0.04) during trading hours on Tuesday, reaching GBX 425 ($5.55). 366,466 shares of the stock were exchanged, compared to its average volume of 1,310,000. The firm has a market capitalization of $1.08 billion and a price-to-earnings ratio of 18.40. 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 company’s 50-day moving average price is GBX 435.57 and its 200-day moving average price is GBX 422.96. The company has a current ratio of 4.24, a quick ratio of 4.24 and a debt-to-equity ratio of 320.88.
About Provident Financial
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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