Raymond James Financial Lowers Propel (TSE:PRL) Price Target to C$42.00

Propel (TSE:PRL) had its price target decreased by Raymond James Financial from C$46.00 to C$42.00 in a research note issued to investors on Wednesday,BayStreet.CA reports. Raymond James Financial also issued estimates for Propel’s Q2 2025 earnings at $0.64 EPS, Q3 2025 earnings at $0.73 EPS, Q4 2025 earnings at $0.77 EPS, FY2025 earnings at $2.90 EPS, Q1 2026 earnings at $1.05 EPS, Q2 2026 earnings at $0.94 EPS, Q3 2026 earnings at $1.03 EPS, Q4 2026 earnings at $0.99 EPS and FY2026 earnings at $4.01 EPS.

Several other equities analysts have also weighed in on PRL. Scotiabank cut their price target on Propel from C$44.00 to C$38.00 and set an “outperform” rating for the company in a research note on Thursday, April 24th. Cormark upgraded Propel to a “moderate buy” rating in a research note on Thursday, July 10th. Three equities research analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Strong Buy” and a consensus price target of $40.75.

Propel Stock Performance

Shares of PRL opened at $36.64 on Wednesday. The stock has a 50-day moving average of $34.70 and a two-hundred day moving average of $31.74. Propel has a one year low of $20.99 and a one year high of $43.36. The stock has a market cap of $1.02 billion, a P/E ratio of 22.66 and a beta of 1.75.

Insider Activity at Propel

In related news, Senior Officer Cindy Usprech sold 11,050 shares of the firm’s stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $32.54, for a total transaction of $359,567.00. Also, Senior Officer Noah Buchman sold 26,871 shares of the firm’s stock in a transaction dated Monday, June 30th. The stock was sold at an average price of $37.34, for a total value of $1,003,424.94. In the last 90 days, insiders have sold 115,493 shares of company stock valued at $4,085,590. Corporate insiders own 33.31% of the company’s stock.

Propel Company Profile

Propel Holdings Inc is a financial technology company committed to credit inclusion and helping underserved consumers by providing fair, fast, and transparent access to credit. It operates through its two brands: MoneyKey and CreditFresh. The company, through its MoneyKey brand, is a state-licensed direct lender and offers either Installment Loans or Lines of Credit to new customers in several US states.