Raymond James Financial Cuts Propel (TSE:PRL) Price Target to C$42.00

Propel (TSE:PRL - Get Free Report) had its price target reduced by analysts at Raymond James Financial from C$46.00 to C$42.00 in a note issued to investors on Wednesday,BayStreet.CA reports. Raymond James Financial also issued estimates for Propel's Q2 2025 earnings at $0.64 EPS, Q3 2025 earnings at $0.73 EPS, Q4 2025 earnings at $0.77 EPS, Q1 2026 earnings at $1.05 EPS, Q2 2026 earnings at $0.94 EPS, Q3 2026 earnings at $1.03 EPS and Q4 2026 earnings at $0.99 EPS.

Several other analysts have also issued reports on PRL. Cormark upgraded shares of Propel to a "moderate buy" rating in a research report on Thursday, July 10th. Scotiabank reduced their price objective on shares of Propel from C$44.00 to C$38.00 and set an "outperform" rating for the company in a report on Thursday, April 24th. Three equities research analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Propel presently has a consensus rating of "Strong Buy" and a consensus price target of $40.75.

Propel Price Performance

TSE:PRL traded up $0.27 during midday trading on Wednesday, reaching $36.39. The stock had a trading volume of 113,372 shares, compared to its average volume of 180,299. Propel has a 1-year low of $20.99 and a 1-year high of $43.36. The firm's fifty day simple moving average is $34.57 and its 200-day simple moving average is $31.71. The stock has a market capitalization of $1.01 billion, a P/E ratio of 22.51 and a beta of 1.75.

Insider Activity

In related news, Senior Officer Cindy Usprech sold 11,050 shares of Propel stock in a transaction dated Friday, May 9th. The shares were sold at an average price of $32.54, for a total transaction of $359,567.00. Also, Senior Officer Noah Buchman sold 26,871 shares of Propel stock in a transaction dated Monday, June 30th. The shares were sold at an average price of $37.34, for a total transaction of $1,003,424.94. Insiders sold a total of 115,493 shares of company stock worth $4,085,590 over the last ninety days. Corporate insiders own 33.31% of the company's stock.

Propel Company Profile

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.

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