Beaufort Securities reiterated their hold rating on shares of Provident Financial plc (LON:PFG) in a research report report published on Wednesday. The brokerage currently has a GBX 2,200 ($28.66) price target on the stock.
Several other research firms have also recently issued reports on PFG. J P Morgan Chase & Co dropped their target price on Provident Financial plc from GBX 3,650 ($47.55) to GBX 3,200 ($41.69) and set an overweight rating on the stock in a research report on Wednesday, June 28th. Goldman Sachs Group, Inc. (The) dropped their target price on Provident Financial plc from GBX 3,140 ($40.91) to GBX 2,660 ($34.65) and set a neutral rating on the stock in a research report on Thursday, June 22nd. Berenberg Bank initiated coverage on Provident Financial plc in a research report on Friday, July 14th. They set a hold rating and a GBX 2,310 ($30.09) target price on the stock. Peel Hunt cut Provident Financial plc to a hold rating and set a GBX 3,365 ($43.84) target price on the stock. in a research report on Friday, May 12th. Finally, Shore Capital reiterated a buy rating on shares of Provident Financial plc in a research report on Monday, April 10th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the company. The company presently has an average rating of Hold and an average target price of GBX 2,731.42 ($35.58).
Provident Financial plc (LON PFG) opened at 2086.00 on Wednesday. The company’s 50-day moving average price is GBX 2,455.55 and its 200 day moving average price is GBX 2,846.22. Provident Financial plc has a 12 month low of GBX 2,055.50 and a 12 month high of GBX 3,402.27. The firm’s market capitalization is GBX 3.02 billion.
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The company also recently declared a dividend, which will be paid on Thursday, November 30th. Stockholders of record on Thursday, October 26th will be paid a dividend of GBX 43.20 ($0.56) per share. This represents a dividend yield of 2%. The ex-dividend date is Thursday, October 26th.
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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