Berenberg Bank Forecasts Strong Price Appreciation for IntegraFin (LON:IHP) Stock

IntegraFin (LON:IHP) had its price target hoisted by research analysts at Berenberg Bank from GBX 380 ($5.10) to GBX 440 ($5.90) in a research note issued to investors on Tuesday, Marketbeat reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s target price would suggest a potential upside of 19.73% from the company’s current price.

Other equities analysts have also issued reports about the company. Shore Capital reaffirmed a “buy” rating and set a GBX 390 ($5.23) price target on shares of IntegraFin in a research note on Tuesday. Deutsche Bank Aktiengesellschaft increased their price target on IntegraFin from GBX 360 ($4.83) to GBX 425 ($5.70) and gave the company a “buy” rating in a research note on Tuesday.

IntegraFin Price Performance

LON:IHP opened at GBX 367.50 ($4.93) on Tuesday. The firm has a market capitalization of £1.22 billion, a PE ratio of 23.30, a price-to-earnings-growth ratio of 3.14 and a beta of 1.15. The stock has a 50 day moving average of GBX 320.21 and a 200-day moving average of GBX 325.16. IntegraFin has a 52 week low of GBX 263 ($3.53) and a 52 week high of GBX 414 ($5.56). The company has a current ratio of 1.01, a quick ratio of 0.01 and a debt-to-equity ratio of 4.51.

IntegraFin (LON:IHP) last issued its quarterly earnings data on Wednesday, May 21st. The company reported GBX 8.90 ($0.12) earnings per share (EPS) for the quarter. IntegraFin had a return on equity of 26.21% and a net margin of 37.90%. Analysts predict that IntegraFin will post 16.9090056 EPS for the current year.

Insider Activity

In other IntegraFin news, insider Euan Marshall bought 5,000 shares of the stock in a transaction on Wednesday, June 18th. The shares were purchased at an average cost of GBX 296 ($3.97) per share, with a total value of £14,800 ($19,860.44). Insiders acquired 11,144 shares of company stock worth $3,426,831 in the last ninety days. 26.12% of the stock is currently owned by company insiders.

About IntegraFin

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.