Royal Bank of Canada Reiterates Outperform Rating for IntegraFin (LON:IHP)

Royal Bank of Canada reiterated their outperform rating on shares of IntegraFin (LON:IHP) in a research note issued to investors on Thursday, MarketBeat Ratings reports. Royal Bank of Canada currently has a GBX 440 ($5.43) target price on the stock.

Several other equities analysts have also commented on the company. Berenberg Bank reissued a “buy” rating and issued a GBX 400 ($4.94) target price on shares of IntegraFin in a report on Tuesday, October 15th. Shore Capital upgraded IntegraFin to a “buy” rating in a report on Tuesday, January 14th.

IntegraFin Price Performance

IHP stock opened at GBX 360.50 ($4.45) on Thursday. IntegraFin has a 1 year low of GBX 263.40 ($3.25) and a 1 year high of GBX 414 ($5.11). The firm has a market capitalization of £1.19 billion, a P/E ratio of 2,253.13, a P/E/G ratio of 3.14 and a beta of 1.15. The company has a debt-to-equity ratio of 1.73, a current ratio of 8.80 and a quick ratio of 0.01. The business’s 50-day moving average is GBX 365.33 and its two-hundred day moving average is GBX 368.63.

IntegraFin (LON:IHP) last issued its earnings results on Wednesday, December 18th. The company reported GBX 16.30 ($0.20) earnings per share for the quarter. IntegraFin had a net margin of 37.68% and a return on equity of 28.83%. Analysts anticipate that IntegraFin will post 16.9090056 earnings per share for the current fiscal year.

IntegraFin Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 2nd will be paid a GBX 7.20 ($0.09) dividend. This represents a yield of 1.85%. The ex-dividend date of this dividend is Thursday, January 2nd. This is an increase from IntegraFin’s previous dividend of $3.20. IntegraFin’s dividend payout ratio is currently 6,250.00%.

Insiders Place Their Bets

In other IntegraFin news, insider Euan Marshall bought 4,500 shares of the stock in a transaction dated Thursday, January 16th. The shares were acquired at an average cost of GBX 350 ($4.32) per share, for a total transaction of £15,750 ($19,454.05). Over the last 90 days, insiders have bought 4,624 shares of company stock valued at $1,619,929. 26.12% of the stock is currently owned by insiders.

IntegraFin Company Profile

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.