IntegraFin (LON:IHP) Hits New 52-Week High – Still a Buy?

Shares of IntegraFin Holdings plc (LON:IHP) reached a new 52-week high on Thursday . The company traded as high as GBX 402 and last traded at GBX 392, with a volume of 35747 shares trading hands. The stock had previously closed at GBX 393.50.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on IHP shares. Berenberg Bank raised their target price on shares of IntegraFin from GBX 440 to GBX 460 and gave the stock a “buy” rating in a report on Wednesday, July 15th. Shore Capital Group reiterated a “hold” rating on shares of IntegraFin in a report on Thursday, April 23rd. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 450 price objective on shares of IntegraFin in a research report on Thursday, July 2nd. Jefferies Financial Group reissued a “hold” rating and issued a GBX 360 price objective on shares of IntegraFin in a research note on Thursday, May 28th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on IntegraFin from GBX 475 to GBX 490 and gave the company a “buy” rating in a research report on Tuesday, August 11th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 435.

IntegraFin Stock Performance

The firm has a market cap of £1.30 billion, a PE ratio of 20.52, a price-to-earnings-growth ratio of 3.14 and a beta of 1.27. The business has a 50 day simple moving average of GBX 374.79 and a two-hundred day simple moving average of GBX 344.94. The company has a quick ratio of 0.01, a current ratio of 250.17 and a debt-to-equity ratio of 5.68.

IntegraFin (LON:IHP) last issued its earnings results on Wednesday, May 20th. The company reported GBX 10 earnings per share (EPS) for the quarter. The firm had revenue of GBX 8,580 million during the quarter. IntegraFin had a net margin of 28.60% and a return on equity of 27.60%. As a group, equities research analysts forecast that IntegraFin Holdings plc will post 16.9090056 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Euan Marshall acquired 84 shares of the firm’s stock in a transaction that occurred on Tuesday, July 14th. The stock was bought at an average price of GBX 365 per share, for a total transaction of £306.60. Over the last quarter, insiders have bought 246 shares of company stock valued at $90,695. Company insiders own 14.50% 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.