Provident Financial (PFG) Stock Rating Reaffirmed by Numis Securities

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Numis Securities reaffirmed their under review rating on shares of Provident Financial (LON:PFG) in a report published on Thursday morning, ThisIsMoney.Co.Uk reports.

Other equities analysts also recently issued research reports about the company. Peel Hunt reiterated a hold rating and set a GBX 550 ($7.19) price objective on shares of Provident Financial in a research report on Wednesday, May 8th. Berenberg Bank lowered their price target on Provident Financial from GBX 590 ($7.71) to GBX 540 ($7.06) and set a hold rating on the stock in a report on Tuesday, March 19th. Finally, Canaccord Genuity restated a hold rating and issued a GBX 595 ($7.77) price target on shares of Provident Financial in a report on Wednesday, March 13th. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock has a consensus rating of Hold and a consensus price target of GBX 661.14 ($8.64).

Provident Financial stock traded up GBX 19.80 ($0.26) during trading on Thursday, reaching GBX 479.90 ($6.27). 373,640 shares of the company were exchanged, compared to its average volume of 1,310,000. Provident Financial has a 52-week low of GBX 440 ($5.75) and a 52-week high of GBX 716 ($9.36). The company has a market cap of $1.20 billion and a price-to-earnings ratio of 19.12. The company has a debt-to-equity ratio of 295.29, a quick ratio of 4.67 and a current ratio of 4.74.

The business also recently announced a dividend, which will be paid on Friday, June 21st. Shareholders of record on Thursday, May 23rd will be issued a dividend of GBX 10 ($0.13) per share. This represents a yield of 1.8%. The ex-dividend date is Thursday, May 23rd. Provident Financial’s dividend payout ratio (DPR) is presently 0.40%.

In other Provident Financial news, insider Ken Mullen sold 800 shares of the stock in a transaction on Monday, March 4th. The stock was sold at an average price of GBX 593 ($7.75), for a total transaction of £4,744 ($6,198.88).

About Provident Financial

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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