Provident Financial plc (LON:PFG) was downgraded by analysts at Barclays PLC to an “equal weight” rating in a report issued on Wednesday, August 23rd, Marketbeat reports.
A number of other equities research analysts have also issued reports on the company. Societe Generale reiterated a “buy” rating and issued a GBX 3,110 ($40.17) target price on shares of Provident Financial plc in a research note on Monday, July 24th. Numis Securities Ltd reiterated a “sell” rating and issued a GBX 1,929 ($24.91) target price on shares of Provident Financial plc in a research note on Tuesday, July 25th. Shore Capital reiterated a “buy” rating on shares of Provident Financial plc in a research note on Tuesday, July 4th. Liberum Capital reiterated a “sell” rating and issued a GBX 2,000 ($25.83) target price on shares of Provident Financial plc in a research note on Tuesday, August 22nd. Finally, Jefferies Group LLC lowered their target price on Provident Financial plc from GBX 3,845 ($49.66) to GBX 3,478 ($44.92) and set a “buy” rating for the company in a research note on Wednesday, June 21st. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the stock. Provident Financial plc presently has a consensus rating of “Hold” and an average target price of GBX 2,283.42 ($29.49).
Provident Financial plc (LON:PFG) opened at 814.00 on Wednesday. The stock has a 50 day moving average price of GBX 1,588.42 and a 200 day moving average price of GBX 2,569.79. The stock’s market cap is GBX 1.18 billion. Provident Financial plc has a 52 week low of GBX 426.60 and a 52 week high of GBX 3,402.27.
Provident Financial plc (LON:PFG) last posted its earnings results on Monday, July 24th. The company reported $0.60 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.60. Provident Financial plc had a return on equity of 17.56% and a net margin of 10.82%. On average, equities analysts predict that Provident Financial plc will post $64.49 earnings per share for the current year.
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About Provident Financial plc
Provident Financial plc is a United Kingdom-based non-standard lender. The Company’s divisions include Vanquis Bank Limited (Vanquis Bank), Consumer Credit Division (CCD) and Moneybarn. Its segments include Vanquis Bank, CCD, Moneybarn and Central. The Company serves non-standard credit customers with a range of products from credit cards and car finance, to home credit and online unsecured, and guarantor loans.
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