Mirabella Financial Services LLP Makes New Investment in Intercorp Financial Services Inc. $IFS

Mirabella Financial Services LLP acquired a new stake in shares of Intercorp Financial Services Inc. (NYSE:IFS) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 97,281 shares of the company’s stock, valued at approximately $3,924,000. Mirabella Financial Services LLP owned about 0.09% of Intercorp Financial Services at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of IFS. Centiva Capital LP bought a new stake in shares of Intercorp Financial Services in the 3rd quarter valued at about $216,000. Pinnacle Associates Ltd. bought a new position in Intercorp Financial Services during the 3rd quarter worth approximately $275,000. Jane Street Group LLC purchased a new position in Intercorp Financial Services in the 1st quarter worth approximately $287,000. Dynamic Technology Lab Private Ltd purchased a new position in Intercorp Financial Services in the 3rd quarter worth approximately $325,000. Finally, Benjamin Edwards Inc. bought a new stake in Intercorp Financial Services in the third quarter valued at approximately $431,000.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Weiss Ratings reissued a “buy (b-)” rating on shares of Intercorp Financial Services in a research note on Monday, December 29th. Wall Street Zen lowered shares of Intercorp Financial Services from a “buy” rating to a “hold” rating in a report on Tuesday, March 10th. Finally, JPMorgan Chase & Co. increased their price target on shares of Intercorp Financial Services from $42.00 to $48.00 and gave the company an “overweight” rating in a research report on Tuesday, December 16th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $48.00.

Intercorp Financial Services Price Performance

Shares of NYSE:IFS opened at $46.43 on Thursday. The stock’s 50-day moving average is $47.74 and its 200 day moving average is $43.43. The company has a market cap of $5.31 billion, a PE ratio of 9.63, a P/E/G ratio of 0.38 and a beta of 0.83. Intercorp Financial Services Inc. has a 1 year low of $29.09 and a 1 year high of $52.58.

Intercorp Financial Services Company Profile

Intercorp Financial Services (NYSE:IFS) is a Lima-based financial holding company that brings together a suite of banking and non-banking financial businesses under the Intercorp Group umbrella. Through its network of subsidiaries, the company provides a broad range of products and services designed to meet the needs of individual consumers, small and medium-sized enterprises, and large corporations across Peru.

The company’s core banking operations are conducted through Interbank, which offers deposit accounts, personal and business loans, credit and debit cards, trade finance and electronic banking solutions.