Eight Capital Boosts Propel (TSE:PRL) Price Target to C$45.00

Propel (TSE:PRL – Free Report) had its target price lifted by Eight Capital from C$38.00 to C$45.00 in a research note issued to investors on Friday,BayStreet.CA reports. Other equities research analysts also recently issued reports about the company. Scotiabank raised Propel from a “sector perform” rating to an “outperform” rating and increased their price target [...]

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Propel ( TSE:PRL – Free Report ) had its target price lifted by Eight Capital from C$38.00 to C$45.00 in a research note issued to investors on Friday, BayStreet.

CA reports. Other equities research analysts also recently issued reports about the company. Scotiabank raised Propel from a “sector perform” rating to an “outperform” rating and increased their price target for the stock from C$28.



00 to C$34.00 in a research report on Friday, October 4th. Canaccord Genuity Group raised Propel to a “strong-buy” rating in a report on Friday, October 4th.

Ventum Financial set a C$38.00 price target on Propel and gave the company a “buy” rating in a report on Wednesday, October 9th. Raymond James raised their price objective on shares of Propel from C$34.

00 to C$40.00 in a research note on Thursday, November 7th. Finally, Ventum Cap Mkts upgraded shares of Propel to a “strong-buy” rating in a research note on Tuesday, October 8th.

Check Out Our Latest Analysis on Propel Propel Trading Down 3.9 % Propel Increases Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Friday, November 15th will be issued a $0.

15 dividend. This is a positive change from Propel’s previous quarterly dividend of $0.14.

This represents a $0.60 annualized dividend and a yield of 1.57%.

The ex-dividend date is Friday, November 15th. Propel’s dividend payout ratio (DPR) is presently 39.16%.

About Propel ( Get Free Report ) Propel Holdings Inc operates as a financial technology company. The company’s lending platform facilitates to credit products, such as installment loans and lines of credit under the MoneyKey, CreditFresh, and Fora Credit brands to American consumers. It also offers marketing, analytics, and loan servicing services.

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