Stock analysts at Citigroup Inc. dropped their price objective on shares of International Personal Finance Plc (LON:IPF) from GBX 700 ($11.71) to GBX 680 ($11.38) in a report issued on Tuesday, American Banking News reports. The firm currently has a “buy” rating on the stock. Citigroup Inc.’s target price would indicate a potential upside of 23.41% from the company’s current price.
Shares of International Personal Finance Plc (LON:IPF) traded down 0.72% during mid-day trading on Tuesday, hitting GBX 551.00. The stock had a trading volume of 531,265 shares. International Personal Finance Plc has a 52 week low of GBX 390.00 and a 52 week high of GBX 683.00. The stock’s 50-day moving average is GBX 493.4 and its 200-day moving average is GBX 566.1. The company’s market cap is £1.332 billion.
The company also recently declared a dividend, which is scheduled for Friday, May 9th. Investors of record on Wednesday, April 9th will be given a dividend of GBX 5.50 ($0.09) per share. This represents a yield of 0.99%. The ex-dividend date of this dividend is Wednesday, April 9th.
A number of other firms have also recently commented on IPF. Analysts at Berenberg Bank reiterated a “hold” rating on shares of International Personal Finance Plc in a research note on Friday, February 28th. They now have a GBX 565 ($9.45) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of International Personal Finance Plc in a research note on Wednesday, February 26th. They now have a GBX 610 ($10.21) price target on the stock. Finally, analysts at Panmure Gordon reiterated a “sell” rating on shares of International Personal Finance Plc in a research note on Wednesday, February 26th. They now have a GBX 400 ($6.69) price target on the stock. Three analysts have rated the stock with a sell rating, four have issued a hold rating and eight have assigned a buy rating to the company’s stock. International Personal Finance Plc currently has a consensus rating of “Hold” and an average target price of GBX 588.49 ($9.85).
International Personal Finance plc is a provider of international home credit business serving 2.4 million customers.
This article (International Personal Finance Plc Given New GBX 680 Price Target at Citigroup Inc. (IPF)) was originally developed by and is property of American Banking News.
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