IntegraFin (LON:IHP) Trading Up 13.3% After Analyst Upgrade

IntegraFin Holdings plc (LON:IHP) traded up 13.3% during trading on Wednesday after Berenberg Bank raised their price target on the stock from GBX 380 to GBX 440. Berenberg Bank currently has a buy rating on the stock. IntegraFin traded as high as GBX 397.69 ($5.34) and last traded at GBX 367.50 ($4.93). 2,295,236 shares were traded during trading, an increase of 164% from the average session volume of 870,441 shares. The stock had previously closed at GBX 324.50 ($4.36).

A number of other research firms have also commented on IHP. Shore Capital reaffirmed a “buy” rating and set a GBX 390 ($5.24) price objective on shares of IntegraFin in a research note on Tuesday. Deutsche Bank Aktiengesellschaft upped their price target on shares of IntegraFin from GBX 360 ($4.83) to GBX 425 ($5.71) and gave the stock a “buy” rating in a research report on Tuesday.

Insider Transactions at IntegraFin

In other IntegraFin news, insider Euan Marshall acquired 6,000 shares of the business’s stock in a transaction dated Wednesday, May 21st. The shares were purchased at an average cost of GBX 317 ($4.26) per share, for a total transaction of £19,020 ($25,540.49). In the last ninety days, insiders acquired 11,144 shares of company stock valued at $3,426,831. 26.12% of the stock is owned by corporate insiders.

IntegraFin Price Performance

The firm has a fifty day simple moving average of GBX 321.24 and a 200 day simple moving average of GBX 325.45. The company has a market capitalization of £1.24 billion, a PE ratio of 23.67, 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.

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

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.