Royal Bank Of Canada Issues Positive Forecast for IntegraFin (LON:IHP) Stock Price

Key Points

• Royal Bank of Canada has raised its price target for IntegraFin from GBX 410 to GBX 430, suggesting an upside potential of 18.29% from the current stock price.
• Other analysts have also increased their price targets for IntegraFin, with Deutsche Bank setting a target of GBX 450 and Berenberg Bank at GBX 440, both maintaining a "buy" rating.
• Despite the positive outlook, IntegraFin's stock experienced a 1.2% decline in trading, closing at GBX 363.50.

IntegraFin (LON:IHP - Get Free Report) had its price objective raised by Royal Bank Of Canada from GBX 410 to GBX 430 in a research report issued on Wednesday,Digital Look reports. The brokerage presently has an "outperform" rating on the stock. Royal Bank Of Canada's price target indicates a potential upside of 18.29% from the stock's current price.

Other equities analysts have also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft upped their price target on shares of IntegraFin from GBX 425 to GBX 450 and gave the stock a "buy" rating in a research note on Friday, October 3rd. Berenberg Bank increased their price objective on shares of IntegraFin from GBX 380 to GBX 440 and gave the stock a "buy" rating in a research note on Tuesday, July 15th. Finally, Shore Capital restated a "buy" rating and issued a GBX 415 price target on shares of IntegraFin in a report on Tuesday. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of GBX 433.75.

IntegraFin Trading Down 1.2%

IHP stock traded down GBX 4.50 during trading on Wednesday, hitting GBX 363.50. 516,668 shares of the company traded hands, compared to its average volume of 785,937. The company has a debt-to-equity ratio of 4.51, a quick ratio of 0.01 and a current ratio of 1.01. IntegraFin has a 1 year low of GBX 263 and a 1 year high of GBX 414. The firm has a market capitalization of £1.20 billion, a PE ratio of 2,489.73, a P/E/G ratio of 3.14 and a beta of 1.15. The company has a 50-day moving average of GBX 345.87 and a 200-day moving average of GBX 329.46.

Insider Buying and Selling at IntegraFin

In related news, insider Euan Marshall bought 4,000 shares of the company's stock in a transaction that occurred on Thursday, July 17th. The stock was purchased at an average price of GBX 368 per share, for a total transaction of £14,720. Over the last three months, insiders have purchased 4,257 shares of company stock worth $1,561,652. Company insiders own 14.49% of the company's stock.

About IntegraFin

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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