Propel (TSE:PRL) Price Target Cut to C$27.00 by Analysts at Canaccord Genuity Group

Propel (TSE:PRL) had its target price lowered by Canaccord Genuity Group from C$37.00 to C$27.00 in a research report released on Wednesday morning,BayStreet.CA reports.

A number of other analysts also recently commented on the company. Raymond James Financial lowered their target price on Propel from C$42.00 to C$35.00 in a research note on Wednesday, November 5th. Scotiabank lowered their price objective on Propel from C$40.00 to C$38.00 in a research report on Wednesday, November 5th. Ventum Financial dropped their price objective on shares of Propel from C$42.00 to C$40.00 in a research note on Thursday, November 6th. Finally, Stifel Nicolaus set a C$38.00 target price on shares of Propel and gave the company a “buy” rating in a report on Thursday, December 4th. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy”.

Propel Price Performance

TSE PRL opened at $20.43 on Wednesday. Propel has a 1 year low of $17.50 and a 1 year high of $39.15. The company has a market capitalization of $804.00 million, a PE ratio of 13.10 and a beta of 0.62. The company has a fifty day moving average of $23.75 and a 200 day moving average of $26.01.

Propel Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Wednesday, March 4th were issued a $0.225 dividend. The ex-dividend date of this dividend was Friday, February 20th. This is an increase from Propel’s previous quarterly dividend of $0.21. This represents a $0.90 annualized dividend and a yield of 4.4%. Propel’s dividend payout ratio is 31.67%.

Propel News Summary

Here are the key news stories impacting Propel this week:

• Positive Sentiment: Propel reported record 2025 results, driven by overall revenue and operational expansion; Q4 profit weakened as the company increased investments to “prime for growth” — this beats-for-year but near-term profit softness helps explain both the positive reaction to the annual results and caution around near-term margins. Propel Delivers Record 2025 Results but Q4 Profit Dips as It Primes for Growth
• Neutral Sentiment: Canaccord Genuity lowered its price target from C$37.00 to C$27.00 — a material cut that reduces upside versus prior estimates but the note did not convert into an outright downgrade, signaling caution on near?term multiple/valuation. BayStreet.CA Analyst Ratings
• Neutral Sentiment: Ventum Financial trimmed its target from C$4.00 to C$3.00 while retaining a “buy” rating — an odd target scale relative to the current share price but indicates the firm remains constructive on longer?term prospects despite lowering estimates. BayStreet.CA Analyst Ratings
• Neutral Sentiment: ATB Cormark Capital Markets cut its target from C$38.00 to C$27.00 and kept an “outperform” rating — a sizeable target reduction that signals lower near?term upside while still endorsing medium?term growth. BayStreet.CA Analyst Ratings
• Neutral Sentiment: Stifel Nicolaus lowered its target from C$38.00 to C$32.00 and maintained a “buy” rating — another cut that tempers valuation expectations but keeps analyst support. BayStreet.CA Analyst Ratings TickerReport
• Neutral Sentiment: Raymond James lowered its price target from C$45.00 to C$32.00 but retained an “outperform” stance — large target cut that still reflects confidence in medium?term growth while acknowledging near?term execution/valuation pressure. BayStreet.CA Analyst Ratings

About Propel

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. Through its CreditFresh brand, the company operates as a bank servicer that provides marketing, technology, and loan servicing services to unaffiliated, FDIC insured, state-chartered banks in the US (Bank Program).