Provident Financial’s (PFG) Hold Rating Reaffirmed at Peel Hunt

Peel Hunt reaffirmed their hold rating on shares of Provident Financial plc (LON:PFG) in a research report report published on Friday. Peel Hunt currently has a GBX 870 ($11.60) target price on the stock.

A number of other brokerages have also recently issued reports on PFG. Numis Securities Ltd reissued a buy rating and issued a GBX 1,150 ($15.33) target price on shares of Provident Financial in a report on Sunday, October 15th. Jefferies Group LLC cut shares of Provident Financial to a hold rating and cut their target price for the stock from GBX 3,478 ($46.37) to GBX 940 ($12.53) in a report on Thursday, August 31st. Liberum Capital cut their target price on shares of Provident Financial to GBX 483 ($6.44) and set a sell rating on the stock in a report on Thursday, October 12th. Shore Capital reissued an under review rating on shares of Provident Financial in a report on Tuesday, August 22nd. Finally, Barclays PLC cut shares of Provident Financial to an equal weight rating in a report on Wednesday, August 23rd. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company. Provident Financial presently has a consensus rating of Hold and an average target price of GBX 1,596.31 ($21.28).

Provident Financial (PFG) opened at GBX 850 ($11.33) on Friday. Provident Financial has a twelve month low of GBX 426.60 ($5.69) and a twelve month high of GBX 3,284 ($43.78).

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About Provident Financial

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.

Analyst Recommendations for Provident Financial (LON:PFG)

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