IntegraFin (LON:IHP) Reaches New 1-Year High – Here’s What Happened

IntegraFin Holdings plc (LON:IHP)’s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 395 and last traded at GBX 391, with a volume of 400665 shares trading hands. The stock had previously closed at GBX 390.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on IHP shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 450 target price on shares of IntegraFin in a report on Thursday, May 21st. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 450 price objective on shares of IntegraFin in a research report on Thursday, July 2nd. Jefferies Financial Group reissued a “hold” rating and set a GBX 360 target price on shares of IntegraFin in a research note on Thursday, May 28th. Berenberg Bank lifted their target price on IntegraFin from GBX 440 to GBX 460 and gave the company a “buy” rating in a research report on Wednesday. Finally, Shore Capital Group reiterated a “hold” rating on shares of IntegraFin in a report on Thursday, April 23rd. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, IntegraFin currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 427.

IntegraFin Stock Up 0.1%

The business has a 50-day simple moving average of GBX 354.03 and a 200-day simple moving average of GBX 339.75. The company has a debt-to-equity ratio of 5.68, a quick ratio of 0.01 and a current ratio of 250.17. The company has a market cap of £1.29 billion, a price-to-earnings ratio of 20.45, a price-to-earnings-growth ratio of 3.14 and a beta of 1.27.

IntegraFin (LON:IHP) last released its earnings results on Wednesday, May 20th. The company reported GBX 10 earnings per share for the quarter. The firm had revenue of GBX 8,580 million for the quarter. IntegraFin had a net margin of 28.60% and a return on equity of 27.60%. On average, equities analysts anticipate that IntegraFin Holdings plc will post 16.9090056 earnings per share for the current fiscal year.

Insider Buying and Selling at IntegraFin

In other news, insider Euan Marshall acquired 84 shares of IntegraFin stock in a transaction dated Tuesday, July 14th. The shares were acquired at an average cost of GBX 365 per share, for a total transaction of £306.60. In the last quarter, insiders have acquired 5,347 shares of company stock valued at $1,745,643. 14.50% 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.