International Personal Finance (IPF)

Sector:

Financials

Index:

FTSE Small Cap

135.40p
   
  • Change Today:
      6.60p
  • 52 Week High: 155.40
  • 52 Week Low: 56.60
  • Currency: UK Pounds
  • Shares Issued: 223.77m
  • Volume: 125,249
  • Market Cap: £302.99m
  • RiskGrade: 268
  • Beta: 0.03

Canaccord upgrades International Personal Finance on reduced regulatory risk

By Alexander Bueso

Date: Friday 20 Aug 2021

LONDON (ShareCast) - (Sharecast News) - Analysts at Canaccord Genuity upgraded their recommendation for stock of International Personal Finance to 'buy', on the back of recent news-flow pointing to a reduced risk that a "financially-damaging" rate cap might be imposed in its largest market, Poland.
They also revised their target price for the shares higher from 160.0p to 191.0p.

Indeed, a temporary rate cap implemented in the wake of the pandemic was due to lapse on 30 June and the country's Minister of Justice had publicly hinted that Warsaw's goals had been met.

They also judged that the fragmented parliament meant that the hurdles to passing new laws were significant.

On the flip-side, they conceded that "we are nonetheless cognizant that this is finely balanced, as potential instability presents the risk of rapid change."

In Hungary on the other hand, a temporary debt repayment moratorium was extended on 30 September and may yet be prolonged further.

"Overall, while ever-present, we believe that the regulatory threats in IPF's territories are currently less intense than they have previously been.

"We continue to believe it's appropriate to assign a risk premium in our valuation approach for regulatory challenges, but for now, at a reduced level. We upgrade IPF to BUY from Speculative BUY."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

IPF Market Data

Currency UK Pounds
Share Price 135.40p
Change Today 6.60p
% Change 5.12 %
52 Week High 155.40
52 Week Low 56.60
Volume 125,249
Shares Issued 223.77m
Market Cap £302.99m
Beta 0.03
RiskGrade 268

IPF Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
85.54% above the market average85.54% above the market average85.54% above the market average85.54% above the market average85.54% above the market average
65.15% above the sector average65.15% above the sector average65.15% above the sector average65.15% above the sector average65.15% above the sector average
Price Trend
71.47% above the market average71.47% above the market average71.47% above the market average71.47% above the market average71.47% above the market average
64.29% above the sector average64.29% above the sector average64.29% above the sector average64.29% above the sector average64.29% above the sector average
Income
70.53% above the market average70.53% above the market average70.53% above the market average70.53% above the market average70.53% above the market average
54.67% above the sector average54.67% above the sector average54.67% above the sector average54.67% above the sector average54.67% above the sector average
Growth
36.07% below the market average36.07% below the market average36.07% below the market average36.07% below the market average36.07% below the market average
66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 4
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

IPF Dividends

  Latest Previous
  Interim Interim
Ex-Div 02-Sep-21 05-Sep-19
Paid 01-Oct-21 04-Oct-19
Amount 2.20p 4.60p

Trades for 15-Oct-2021

Time Volume / Share Price
16:35 7,495 @ 135.40p
16:27 65 @ 134.20p
16:27 67 @ 134.60p
16:27 219 @ 134.80p
16:27 169 @ 135.00p

IPF Key Personnel

CEO Gerard Ryan
Chair Stuart Sinclair

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