P2p Global Investments Plc (LON:P2P) Rating Reaffirmed
London: In an analyst note sent to clients and investors on 27 November, Liberum Capital reiterated their “Buy” rating on P2p Global Investments Plc (LON:P2P) shares. They now have a GBX 1300.00 Estimated Target Price on the firm. Liberum Capital’s target would suggest a potential upside of 30.16% from the company’s closing share price.
The stock increased 0.30% or GBX 3 on November 27, striking GBX 996. Approximately 43,355 shares of stock traded hands. P2P Global Investments PLC (LON:P2P) has declined 11.86% since April 28, 2015 and is downtrending. It has underperformed by 10.97% the S&P500.
P2P Global Investments plc is a United Kingdom firm that invests in credit assets originated by online and alternative lenders. The company has a market cap of 864.08 million GBP. The Company’s investment objectives are to provide shareholders with an attractive level of dividend income and capital growth through exposure to investments in alternative finance and related instruments; achieve investment diversification across platforms, geographies, asset classes and credit grades, and allow the shareholders to share the equity upside by investing up to five % of gross assets in equity or equity linked securities issued by platforms. It has 22.34 P/E ratio.