Propel (TSE:PRL) Given a C$33.00 Price Target by TD Analysts

Propel (TSE:PRL) has been assigned a C$33.00 target price by analysts at TD in a research report issued on Tuesday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock.

Other equities research analysts have also recently issued research reports about the company. Raymond James Financial cut their target price on Propel from C$32.00 to C$31.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 6th. Scotiabank downgraded shares of Propel from a “sector outperform” rating to a “sector perform” rating and lowered their price objective for the company from C$35.00 to C$27.00 in a report on Tuesday, April 28th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Propel Price Performance

Shares of PRL traded up $0.52 during midday trading on Tuesday, hitting $26.24. The stock had a trading volume of 148,922 shares, compared to its average volume of 254,089. The firm has a market cap of $1.03 billion, a price-to-earnings ratio of 19.58 and a beta of 0.81. The company has a 50 day simple moving average of $23.24 and a two-hundred day simple moving average of $22.45. Propel has a twelve month low of $17.24 and a twelve month high of $37.60.

About Propel

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).