Shore Capital Reaffirms Hold Rating for Provident Financial (PFG)


Shore Capital reissued their hold rating on shares of Provident Financial (LON:PFG) in a report issued on Thursday.

PFG has been the subject of several other reports. Liberum Capital reissued a sell rating and set a GBX 483 ($6.48) price objective on shares of Provident Financial in a research note on Monday, February 26th. Peel Hunt reissued a hold rating and set a GBX 870 ($11.67) price objective on shares of Provident Financial in a research note on Tuesday, February 27th. JPMorgan Chase & Co. reduced their price objective on Provident Financial from GBX 1,100 ($14.76) to GBX 750 ($10.06) and set a neutral rating for the company in a research note on Thursday, May 10th. Barclays reissued an underweight rating and set a GBX 584 ($7.84) price objective on shares of Provident Financial in a research note on Wednesday, January 31st. Finally, Societe Generale lowered Provident Financial to a hold rating and set a GBX 1,050 ($14.09) price objective for the company. in a research note on Wednesday, February 28th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have assigned a buy rating to the company’s stock. Provident Financial presently has a consensus rating of Hold and a consensus price target of GBX 1,190.14 ($15.97).


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PFG opened at GBX 666.20 ($8.94) on Thursday. Provident Financial has a fifty-two week low of GBX 426.60 ($5.72) and a fifty-two week high of GBX 3,284 ($44.06).

In other news, insider Ken Mullen sold 761 shares of the firm’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of GBX 596 ($8.00), for a total value of 拢4,535.56 ($6,085.55).

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.


Analyst Recommendations for Provident Financial (LON:PFG)

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