IntegraFin (LON:IHP) Receives “Outperform” Rating from Royal Bank of Canada

Royal Bank of Canada reiterated their outperform rating on shares of IntegraFin (LON:IHP) in a research report sent to investors on Thursday morning, Marketbeat reports. Royal Bank of Canada currently has a GBX 440 ($5.43) target price on the stock.

A number of other equities analysts have also weighed in on IHP. Berenberg Bank restated a “buy” rating and set a GBX 400 ($4.94) price target on shares of IntegraFin in a research report on Tuesday, October 15th. Shore Capital upgraded IntegraFin to a “buy” rating in a research report on Tuesday, January 14th.

IntegraFin Trading Up 1.1 %

IHP stock opened at GBX 360.50 ($4.45) on Thursday. The business’s 50-day moving average is GBX 365.33 and its 200 day moving average is GBX 368.63. IntegraFin has a 12-month low of GBX 263.40 ($3.25) and a 12-month high of GBX 414 ($5.11). The stock has a market cap of £1.19 billion, a price-to-earnings ratio of 2,253.13, a PEG ratio of 3.14 and a beta of 1.15. The company has a current ratio of 8.80, a quick ratio of 0.01 and a debt-to-equity ratio of 1.73.

IntegraFin (LON:IHP) last issued its quarterly earnings results on Wednesday, December 18th. The company reported GBX 16.30 ($0.20) EPS for the quarter. IntegraFin had a return on equity of 28.83% and a net margin of 37.68%. On average, sell-side analysts anticipate that IntegraFin will post 16.9090056 EPS for the current fiscal year.

IntegraFin Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 2nd will be paid a dividend of GBX 7.20 ($0.09) per share. The ex-dividend date is Thursday, January 2nd. This is an increase from IntegraFin’s previous dividend of $3.20. This represents a yield of 1.85%. IntegraFin’s payout ratio is 6,250.00%.

Insider Activity at IntegraFin

In related news, insider Euan Marshall purchased 4,500 shares of the company’s stock in a transaction on Thursday, January 16th. The stock was acquired at an average cost of GBX 350 ($4.32) per share, for a total transaction of £15,750 ($19,454.05). Over the last three months, insiders have acquired 4,624 shares of company stock worth $1,619,929. Insiders own 26.12% 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.