IntegraFin (LON:IHP) Price Target Increased to GBX 390 by Analysts at Berenberg Bank

IntegraFin (LON:IHP) had its price objective lifted by Berenberg Bank from GBX 360 ($4.58) to GBX 390 ($4.96) in a research report report published on Thursday morning, Marketbeat.com reports. Berenberg Bank currently has a buy rating on the stock.

Separately, Shore Capital reissued a hold rating on shares of IntegraFin in a research report on Wednesday, May 22nd.

IntegraFin Trading Up 0.2 %

Shares of IHP opened at GBX 355.60 ($4.52) on Thursday. The company has a current ratio of 8.56, a quick ratio of 0.01 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of £1.18 billion, a P/E ratio of 2,386.67, a price-to-earnings-growth ratio of 3.44 and a beta of 1.06. The stock’s fifty day simple moving average is GBX 291.96 and its 200 day simple moving average is GBX 282.24. IntegraFin has a twelve month low of GBX 208.73 ($2.65) and a twelve month high of GBX 358.50 ($4.56).

IntegraFin Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, July 5th. Investors of record on Thursday, June 6th will be paid a GBX 3.20 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, June 6th. This represents a yield of 1.03%. IntegraFin’s dividend payout ratio (DPR) is 6,666.67%.

IntegraFin Company Profile

IntegraFin Holdings plc, together with its subsidiaries, provides an investment platform for UK financial advisers and their clients. It operates through Investment administration services, Insurance and life assurance business, and Adviser back-office technology segments. The company operates Transact, a wrap platform that enable advisers to consolidate their clients investments using tax efficient wrappers and provide range of investment choice; and Time4Advice (T4A), an adviser practice management solution.