Media stories about Provident Financial (LON:PFG) have been trending somewhat positive on Friday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Provident Financial earned a coverage optimism score of 1.50 on their scale. InfoTrie also gave media headlines about the company an news buzz score of 2 out of 10, meaning that recent media coverage is very unlikely to have an effect on the company’s share price in the next several days.
Several analysts recently weighed in on the company. Berenberg Bank upgraded Provident Financial to a “hold” rating and decreased their price target for the company from GBX 630 ($8.23) to GBX 610 ($7.97) in a report on Wednesday, August 22nd. Peel Hunt reduced their target price on Provident Financial from GBX 730 ($9.54) to GBX 680 ($8.89) and set a “hold” rating on the stock in a research note on Friday, August 10th. Barclays reduced their target price on Provident Financial from GBX 770 ($10.06) to GBX 753 ($9.84) and set an “overweight” rating on the stock in a research note on Monday, October 22nd. Shore Capital reiterated a “hold” rating on shares of Provident Financial in a research note on Tuesday, July 31st. Finally, Numis Securities reduced their target price on Provident Financial from GBX 904 ($11.81) to GBX 829 ($10.83) and set a “buy” rating on the stock in a research note on Tuesday, July 31st. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of GBX 779.50 ($10.19).
PFG stock opened at GBX 591.50 ($7.73) on Friday. Provident Financial has a twelve month low of GBX 426.60 ($5.57) and a twelve month high of GBX 3,284 ($42.91).
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.
Further Reading: Candlestick
Receive News & Ratings for Provident Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Provident Financial and related companies with MarketBeat.com's FREE daily email newsletter.