Provident Financial’s (PFG) Hold Rating Reiterated at Peel Hunt

Peel Hunt reaffirmed their hold rating on shares of Provident Financial (LON:PFG) in a research note issued to investors on Monday, ThisIsMoney.Co.Uk reports.

PFG has been the topic of a number of other research reports. Berenberg Bank restated a hold rating on shares of Telefonica in a research report on Tuesday, March 19th. Numis Securities restated an add rating and issued a GBX 1,050 ($13.72) price target on shares of in a research report on Wednesday, June 5th. Barclays restated a top pick rating and issued a GBX 3,250 ($42.47) price target on shares of in a research report on Wednesday, June 19th. Canaccord Genuity boosted their price target on shares of from GBX 495 ($6.47) to GBX 500 ($6.53) and gave the stock a buy rating in a research report on Thursday, June 13th. Finally, Shore Capital restated a house stock rating on shares of in a research report on Thursday, June 20th. Six research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of GBX 624.14 ($8.16).

LON:PFG opened at GBX 397.40 ($5.19) on Monday. The stock’s 50 day simple moving average is GBX 441.42. The company has a current ratio of 4.74, a quick ratio of 4.67 and a debt-to-equity ratio of 295.29. Provident Financial has a one year low of GBX 397.30 ($5.19) and a one year high of GBX 716 ($9.36). The firm has a market cap of $1.01 billion and a P/E ratio of 15.83.

In related news, insider Paul Hewitt acquired 11,569 shares of the stock in a transaction dated Friday, June 21st. The stock was bought at an average price of GBX 432 ($5.64) per share, for a total transaction of £49,978.08 ($65,305.21). Also, insider Patrick J. R. Snowball acquired 96,477 shares of the stock in a transaction dated Wednesday, June 5th. The stock was bought at an average price of GBX 518 ($6.77) per share, with a total value of £499,750.86 ($653,013.01). Insiders bought a total of 139,305 shares of company stock worth $68,989,867 in the last 90 days.

Provident Financial Company Profile

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.

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Analyst Recommendations for Provident Financial (LON:PFG)

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