Berenberg Bank Cuts IntegraFin (LON:IHP) Price Target to GBX 380

IntegraFin (LON:IHP) had its price objective decreased by Berenberg Bank from GBX 400 ($5.31) to GBX 380 ($5.04) in a research note released on Tuesday morning, Marketbeat reports. Berenberg Bank currently has a buy rating on the stock.

A number of other brokerages also recently issued reports on IHP. Shore Capital reiterated a “buy” rating on shares of IntegraFin in a report on Tuesday. Royal Bank of Canada restated an “outperform” rating and set a GBX 440 ($5.84) target price on shares of IntegraFin in a research report on Thursday, January 23rd.

IntegraFin Trading Down 0.5 %

Shares of IHP stock opened at GBX 302 ($4.01) on Tuesday. The business’s fifty day moving average price is GBX 320.30 and its 200 day moving average price is GBX 350.11. The firm has a market capitalization of £1.00 billion, a PE ratio of 19.15, a P/E/G ratio of 3.14 and a beta of 1.15. The company has a debt-to-equity ratio of 4.51, a current ratio of 1.01 and a quick ratio of 0.01. IntegraFin has a 1-year low of GBX 263 ($3.49) and a 1-year high of GBX 414 ($5.49).

IntegraFin Increases Dividend

The company also recently announced a dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 2nd were issued a GBX 7.20 ($0.10) dividend. This is a positive change from IntegraFin’s previous dividend of $3.20. The ex-dividend date was Thursday, January 2nd. This represents a yield of 1.85%. IntegraFin’s dividend payout ratio is 63.41%.

Insider Transactions at IntegraFin

In other IntegraFin news, insider Alexander Scott acquired 301 shares of the company’s stock in a transaction dated Friday, January 31st. The stock was acquired at an average cost of GBX 363 ($4.82) per share, with a total value of £1,092.63 ($1,449.69). Insiders bought 432 shares of company stock valued at $154,381 in the last 90 days. 26.12% of the stock is currently owned by insiders.

IntegraFin Company Profile

IntegraFin Holdings plc (IntegraFin) is the holding company for all of the entities involved in the provision of the Transact service. Transact is one of the largest independent wrap platforms in the UK. It offers advisory professionals a comprehensive financial planning infrastructure for investing client assets in a tax-efficient way.