IntegraFin (LON:IHP) Shares Down 2.7% - What's Next?

Key Points

• Shares of IntegraFin Holdings plc (LON:IHP) fell by 2.7% during trading, reaching as low as GBX 330.50 ($4.51), with trading volume down 71% compared to the daily average.
• Analysts remain optimistic, with firms like Berenberg Bank and Deutsche Bank raising their target prices on IntegraFin to GBX 440 and GBX 425, respectively, maintaining a "buy" rating.
• Company insider Euan Marshall purchased 4,000 shares at an average cost of GBX 368, indicating confidence in the company's prospects as insiders collectively own 14.49% of the stock.

Shares of IntegraFin Holdings plc (LON:IHP - Get Free Report) were down 2.7% during trading on Tuesday . The stock traded as low as GBX 330.50 ($4.51) and last traded at GBX 330.50 ($4.51). Approximately 231,700 shares traded hands during mid-day trading, a decline of 71% from the average daily volume of 786,277 shares. The stock had previously closed at GBX 339.50 ($4.63).

Analysts Set New Price Targets

Several analysts have commented on IHP shares. Shore Capital reaffirmed a "buy" rating and issued a GBX 390 target price on shares of IntegraFin in a research note on Tuesday, July 15th. Berenberg Bank increased their target price on IntegraFin from GBX 380 to GBX 440 and gave the stock a "buy" rating in a research report on Tuesday, July 15th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on IntegraFin from GBX 360 to GBX 425 and gave the stock a "buy" rating in a research report on Tuesday, July 15th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, IntegraFin has a consensus rating of "Buy" and a consensus price target of GBX 423.75.

IntegraFin Trading Down 2.7%

The business has a fifty day moving average price of GBX 350.53 and a 200 day moving average price of GBX 326.46. The company has a market capitalization of £1.10 billion, a PE ratio of 2,263.70, a P/E/G ratio of 3.14 and a beta of 1.15. The company has a debt-to-equity ratio of 4.51, a quick ratio of 0.01 and a current ratio of 1.01.

Insider Activity at IntegraFin

In other news, insider Euan Marshall acquired 4,000 shares of the business's stock in a transaction dated Thursday, July 17th. The shares were bought at an average cost of GBX 368 per share, for a total transaction of £14,720. In the last quarter, insiders bought 4,216 shares of company stock valued at $1,546,807. Company insiders own 14.49% of the company's stock.

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.

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