Propel (TSE:PRL) Given New C$26.50 Price Target at Scotiabank

Propel (TSE:PRLFree Report) had its price objective raised by Scotiabank from C$23.50 to C$26.50 in a research note published on Wednesday, BayStreet.CA reports.

Propel Stock Performance

Shares of TSE PRL opened at $26.31 on Wednesday. The firm has a 50 day moving average price of $21.16 and a two-hundred day moving average price of $16.23. Propel has a 52-week low of $7.07 and a 52-week high of $29.89.

Propel (TSE:PRLGet Free Report) last posted its quarterly earnings data on Wednesday, May 8th. The company reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.04. The company had revenue of $130.10 million during the quarter, compared to analyst estimates of $128.45 million.

Propel Company Profile

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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.

Further Reading

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