London: Provident Financial PLC (LON:PFG) Stock Has Just Had Its Hold Rating Reiterated by Peel Hunt. Shares now Have a GBX 3100.00 Target

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Provident Financial PLC (LON:PFG) Rating Reaffirmed

The broker has just set a target price per share of GBX 3100.00 on Provident Financial PLC (LON:PFG) shares. This is -14.01% from the last stock close. In an interesting research report released on Monday, 7 December, Peel Hunt has reaffirmed their Hold rating on shares of PFG.

From a total of 11 analysts covering Provident Financial PLC (LON:PFG) stock, 2 rate it a ”Buy”, 1 a “Sell”, and 8 a ”Hold”. This means that 18% of the ratings are positive. The highest target price is GBX 3740 while the lowest target price is GBX 2450. The mean of all analyst targets is GBX 3110.82 with a -15.20% below today’s (GBX 3605) stock price. Provident Financial PLC was the topic of 28 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Peel Hunt maintained shares on December 7 with “Hold” rating. Societe Generale maintained shares with “Hold” rating and GBX 2990 target share price in a report from an October 16. Liberum Capital maintained PFG stock in a recent report from November 18 with “Sell” rating. Panmure Gordon maintained the rating on October 16. Panmure Gordon has a “Hold” rating and a GBX 3000 price target on shares. Finally, JP Morgan maintained the stock with “Overweight” rating in a report issued on an October 19.

The stock closed the day at GBX 3605 during the previous session. It is down 15.18% since May 8, 2015 and is uptrending. It has outperformed by 16.25% the S&P500.

London: Provident Financial PLC (LON:PFG) Stock Has Just Had Its Hold Rating Reiterated by Peel Hunt. Shares now Have a GBX 3100.00 Target

Provident Financial plc is a United Kingdom financial services company. The company has a market cap of 5.30 billion GBP. The Firm is engaged in providing personal credit products for clients in the United Kingdom lending market. It has 26.88 P/E ratio. The Firm operates in three divisions: the Consumer Credit Division, Vanquis Bank and Central.

According to Zacks Investment Research, “The Principal Financial Group is a leading provider of retirement savings, investment and insurance products and services. In addition, they offer a broad range of individual life and disability insurance, group life and health insurance, and residential mortgage loan origination and servicing in the United States.” Get a free copy of the Zacks research report on Provident Financial plc (PFG).

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