Raymond James Financial Has Lowered Expectations for Propel (TSE:PRL) Stock Price

Propel (TSE:PRL) had its price objective lowered by Raymond James Financial from C$45.00 to C$32.00 in a report issued on Wednesday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock.

PRL has been the subject of a number of other reports. ATB Cormark Capital Markets reduced their price target on shares of Propel from C$38.00 to C$27.00 and set an “outperform” rating for the company in a research report on Wednesday. Canaccord Genuity Group reduced their target price on Propel from C$37.00 to C$27.00 in a research report on Wednesday. Stifel Nicolaus decreased their target price on Propel from C$38.00 to C$32.00 and set a “buy” rating on the stock in a research note on Wednesday. Scotiabank dropped their price target on Propel from C$40.00 to C$38.00 in a research report on Wednesday, November 5th. Finally, Ventum Financial decreased their price objective on shares of Propel from C$4.00 to C$3.00 and set a “buy” rating on the stock in a research report on Wednesday. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Propel presently has a consensus rating of “Buy”.

Propel Trading Up 3.5%

PRL stock opened at $21.14 on Wednesday. The firm has a 50 day moving average of $23.67 and a 200-day moving average of $25.98. The firm has a market capitalization of $831.94 million, a P/E ratio of 13.55 and a beta of 0.62. Propel has a 12 month low of $17.50 and a 12 month high of $39.15.

More Propel News

Here are the key news stories impacting Propel this week:

• Positive Sentiment: Record 2025 results and growth strategy — Propel delivered record full‑year 2025 results and is rolling out Propel Bank and the Freshline business, actions investors view as diversification and long‑term growth drivers. These developments support a constructive view on future revenue streams. Globe and Mail: Record 2025 Results Yahoo: Valuation After Record Earnings
• Neutral Sentiment: Mixed earnings detail — while full‑year results were record, Q4 profit dipped as the company invested ahead of growth. That trade‑off (near‑term margin pressure for longer‑term expansion) leaves valuation conclusions mixed and creates uncertainty about timing of returns to investors. Yahoo: Valuation After Record Earnings
• Negative Sentiment: Funding concerns and dividend move pressured sentiment — Propel announced funding for the Freshline launch via a partnership with Mesirow and boosted its dividend; the market reacted negatively to the financing and higher cash payout given near‑term profit softness, prompting a selloff. Yahoo: Down After Funding Freshline & Dividend
• Negative Sentiment: Analyst price‑target cuts — multiple firms trimmed targets (Canaccord, ATB Cormark, Stifel, Raymond James and others), reducing near‑term upside expectations even when several kept buy/outperform ratings. That analyst action adds selling pressure and re‑sets investor expectations. BayStreet: Analyst Ratings/Target Cuts TickerReport: Target Changes

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. Through its CreditFresh brand, the company operates as a bank servicer that provides marketing, technology, and loan servicing services to unaffiliated, FDIC insured, state-chartered banks in the US (Bank Program).