Provident Financial plc (PFG) Given Average Rating of “Hold” by Analysts

Provident Financial plc (LON:PFG) has been given an average rating of “Hold” by the ten brokerages that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is GBX 809.38 ($10.58).

PFG has been the topic of a number of recent research reports. Shore Capital reissued a “hold” rating on shares of Provident Financial in a report on Tuesday, July 31st. Peel Hunt reissued a “hold” rating on shares of Provident Financial in a report on Tuesday, July 31st. Numis Securities dropped their price objective on Provident Financial from GBX 904 ($11.81) to GBX 829 ($10.83) and set a “buy” rating on the stock in a report on Tuesday, July 31st. Barclays increased their price objective on Provident Financial from GBX 750 ($9.80) to GBX 770 ($10.06) and gave the stock an “overweight” rating in a report on Wednesday, August 1st. Finally, Citigroup increased their price objective on Provident Financial from GBX 740 ($9.67) to GBX 800 ($10.45) and gave the stock a “neutral” rating in a report on Monday, August 13th.

PFG traded down GBX 19.80 ($0.26) during trading on Monday, reaching GBX 537.20 ($7.02). 378,792 shares of the company were exchanged, compared to its average volume of 1,310,000. Provident Financial has a 12-month low of GBX 426.60 ($5.57) and a 12-month high of GBX 3,284 ($42.91).

About Provident Financial

Provident Financial plc provides personal credit products to the non-standard lending market in the United Kingdom and the Republic of Ireland. The company offers credit cards; consumer credit, including unsecured and online instalment loans; and finance for cars and light commercial vehicles. It serves 2.5 million customers through its network of branches, call centers, and Websites.

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Analyst Recommendations for Provident Financial (LON:PFG)

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