JPMorgan Chase & Co. Reaffirms “Neutral” Rating for Provident Financial (PFG)

JPMorgan Chase & Co. reiterated their neutral rating on shares of Provident Financial (LON:PFG) in a research note issued to investors on Wednesday, January 17th. They currently have a GBX 1,200 ($16.83) price target on the stock.

A number of other brokerages have also recently issued reports on PFG. Numis Securities reissued a buy rating and issued a GBX 1,150 ($16.12) target price on shares of Provident Financial in a research report on Sunday, October 15th. Liberum Capital reissued a sell rating and issued a GBX 483 ($6.77) target price on shares of Provident Financial in a research report on Tuesday, December 5th. Citigroup reaffirmed a neutral rating on shares of Provident Financial in a research note on Wednesday, December 6th. Barclays downgraded Provident Financial to an underweight rating and set a GBX 584 ($8.19) price target for the company. in a research note on Wednesday, October 11th. Finally, Shore Capital reaffirmed a buy rating and issued a GBX 1,000 ($14.02) price target on shares of Provident Financial in a research note on Friday, October 13th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have given a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of GBX 1,451.31 ($20.35).

Shares of Provident Financial (PFG) traded down GBX 10 ($0.14) during trading on Wednesday, hitting GBX 682.40 ($9.57). 721,550 shares of the stock were exchanged, compared to its average volume of 890,626. The company has a market capitalization of $1,010.00 and a PE ratio of 483.97. Provident Financial has a 52 week low of GBX 426.60 ($5.98) and a 52 week high of GBX 3,284 ($46.05).

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Provident Financial Company Profile

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 (LON:PFG)

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