IntegraFin (LON:IHP) PT Raised to GBX 390

IntegraFin (LON:IHP) had its target price increased by Berenberg Bank from GBX 360 ($4.58) to GBX 390 ($4.96) in a research report released on Thursday, MarketBeat.com reports. The firm currently has a buy rating on the stock.

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

IntegraFin Trading Up 0.2 %

Shares of LON IHP opened at GBX 355.60 ($4.52) on Thursday. The company has a debt-to-equity ratio of 0.58, a current ratio of 8.56 and a quick ratio of 0.01. The stock 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. IntegraFin has a 1-year low of GBX 208.73 ($2.65) and a 1-year high of GBX 358.50 ($4.56). The business has a fifty day moving average price of GBX 291.96 and a 200 day moving average price of GBX 282.24.

IntegraFin Cuts Dividend

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

About IntegraFin

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.