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

IntegraFin (LON:IHP) had its price objective decreased by stock analysts at Berenberg Bank from GBX 400 ($5.29) to GBX 380 ($5.03) in a research note issued on Tuesday, MarketBeat Ratings reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s target price points to a potential upside of 25.21% from the company’s previous close.

Other equities research analysts also recently issued research reports about the stock. Shore Capital reissued a “buy” rating on shares of IntegraFin in a research report on Tuesday. Royal Bank of Canada reiterated an “outperform” rating and set a GBX 440 ($5.82) price objective on shares of IntegraFin in a research note on Thursday, January 23rd.

IntegraFin Price Performance

IHP opened at GBX 303.50 ($4.02) on Tuesday. The company’s 50-day simple moving average is GBX 321.46 and its two-hundred day simple moving average is GBX 350.62. IntegraFin has a 52-week low of GBX 263 ($3.48) and a 52-week high of GBX 414 ($5.48). The stock has a market capitalization of £1.01 billion, a P/E ratio of 19.24, 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 quick ratio of 0.01 and a current ratio of 1.01.

Insider Transactions at IntegraFin

In related news, insider Alexander Scott purchased 301 shares of the company’s stock in a transaction that occurred on Friday, January 31st. The stock was bought at an average price of GBX 363 ($4.80) per share, for a total transaction of £1,092.63 ($1,446.23). Over the last three months, insiders have bought 432 shares of company stock valued at $154,381. 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.