Shares of Provident Financial plc (LON:PFG) have been assigned an average recommendation of “Hold” from the fifteen brokerages that are currently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and four have issued a buy recommendation on the company. The average 1-year target price among brokerages that have covered the stock in the last year is GBX 1,596.31 ($21.00).
Several research firms have recently commented on PFG. Liberum Capital reissued a “sell” rating on shares of Provident Financial plc in a report on Wednesday, August 30th. Peel Hunt reaffirmed a “hold” rating and issued a GBX 2,660 ($34.99) price objective on shares of Provident Financial plc in a research note on Tuesday, July 25th. Numis Securities Ltd raised Provident Financial plc to a “buy” rating in a research note on Wednesday, August 23rd. J P Morgan Chase & Co downgraded Provident Financial plc to a “neutral” rating and dropped their price objective for the company from GBX 3,200 ($42.09) to GBX 1,200 ($15.78) in a research note on Wednesday, August 23rd. Finally, Barclays PLC downgraded Provident Financial plc to an “equal weight” rating in a research note on Wednesday, August 23rd.
Provident Financial plc (LON PFG) traded down GBX 14 ($0.18) during trading on Monday, reaching GBX 851.50 ($11.20). The company’s stock had a trading volume of 610,605 shares, compared to its average volume of 1,310,000. Provident Financial plc has a 52 week low of GBX 426.60 ($5.61) and a 52 week high of GBX 3,284 ($43.19).
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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.
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