IntegraFin (LON:IHP) Hits New 52-Week High – Time to Buy?

IntegraFin Holdings plc (LON:IHP)’s share price reached a new 52-week high on Wednesday . The company traded as high as GBX 402 and last traded at GBX 395.50, with a volume of 266777 shares trading hands. The stock had previously closed at GBX 399.50.

Analysts Set New Price Targets

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

IntegraFin Stock Performance

The company has a market capitalization of £1.31 billion, a PE ratio of 20.79, a PEG ratio of 3.14 and a beta of 1.27. The company has a quick ratio of 0.01, a current ratio of 250.17 and a debt-to-equity ratio of 5.68. The company has a 50-day moving average price of GBX 379.19 and a two-hundred day moving average price of GBX 346.66.

Insider Buying and Selling

In related news, insider Euan Marshall bought 84 shares of IntegraFin stock in a transaction on Tuesday, July 14th. The stock was acquired at an average price of GBX 365 per share, with a total value of £306.60. In the last ninety days, insiders bought 323 shares of company stock valued at $120,494. 14.50% of the stock is owned by company 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.