Shore Capital Lowers Provident Financial (PFG) to Hold

Shore Capital downgraded shares of Provident Financial (LON:PFG) to a hold rating in a research note released on Tuesday.

PFG has been the topic of several other reports. Numis Securities reissued a buy rating and set a GBX 1,091 ($14.68) target price on shares of Provident Financial in a research note on Wednesday, August 30th. Liberum Capital reissued a sell rating on shares of Provident Financial in a research note on Wednesday, August 30th. Barclays lowered shares of Provident Financial to an equal weight rating in a research note on Wednesday, August 23rd. Peel Hunt reissued an under review rating on shares of Provident Financial in a research note on Monday, August 28th. Finally, Jefferies Group lowered shares of Provident Financial to a hold rating and lowered their target price for the stock from GBX 3,478 ($46.81) to GBX 940 ($12.65) in a research note on Thursday, August 31st. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the company. The stock has an average rating of Hold and a consensus price target of GBX 1,596.31 ($21.48).

Shares of Provident Financial (PFG) opened at GBX 802.50 ($10.80) on Tuesday. Provident Financial has a 1-year low of GBX 426.60 ($5.74) and a 1-year high of GBX 3,284 ($44.20).

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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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