Propel (TSE:PRL – Get Free Report) has been given a C$38.00 price target by research analysts at Stifel Nicolaus in a report released on Monday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock.
A number of other equities research analysts have also weighed in on PRL. Scotia raised their price target on shares of Propel from C$27.00 to C$29.00 and gave the company a “sector perform” rating in a report on Friday, August 7th. Raymond James Financial upgraded shares of Propel from a “moderate buy” rating to a “strong-buy” rating and boosted their price objective for the stock from C$31.00 to C$38.00 in a report on Thursday, August 6th. ATB Cormark Capital Markets raised their target price on Propel from C$29.00 to C$38.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. TD Securities raised Propel to a “strong-buy” rating in a research report on Tuesday, July 14th. Finally, TD boosted their price target on Propel from C$33.00 to C$37.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.
Read Our Latest Stock Report on Propel
Propel Trading Up 2.1%
About Propel
Propel Holdings Inc is a financial technology company committed to credit inclusion and helping underserved consumers by providing fair, fast, and transparent access to credit. It operates through its two brands: MoneyKey and CreditFresh. The company, through its MoneyKey brand, is a state-licensed direct lender and offers either Installment Loans or Lines of Credit to new customers in several US states. Through its CreditFresh brand, the company operates as a bank servicer that provides marketing, technology, and loan servicing services to unaffiliated, FDIC insured, state-chartered banks in the US (Bank Program).
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