IntegraFin (LON:IHP) Shares Down 0.4% – Should You Sell?

IntegraFin Holdings plc (LON:IHP) dropped 0.4% during mid-day trading on Wednesday . The company traded as low as GBX 370 ($4.76) and last traded at GBX 378.50 ($4.87). Approximately 431,866 shares were traded during mid-day trading, a decline of 1% from the average daily volume of 434,552 shares. The stock had previously closed at GBX 380 ($4.89).

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Shore Capital reaffirmed a “hold” rating on shares of IntegraFin in a research report on Tuesday, October 15th. Deutsche Bank Aktiengesellschaft upped their price target on shares of IntegraFin from GBX 335 ($4.31) to GBX 400 ($5.15) and gave the stock a “hold” rating in a research note on Tuesday, September 10th. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 400 ($5.15) price objective on shares of IntegraFin in a research report on Tuesday, October 15th.

IntegraFin Price Performance

The company’s 50-day simple moving average is GBX 369 and its 200 day simple moving average is GBX 356.49. The company has a market capitalization of £1.25 billion, a P/E ratio of 2,371.88, a P/E/G ratio of 3.14 and a beta of 1.15. The company has a quick ratio of 0.01, a current ratio of 8.80 and a debt-to-equity ratio of 1.73.

IntegraFin Company Profile

IntegraFin Holdings plc, together with its subsidiaries, provides an investment platform for UK financial advisers and their clients. It operates through Investment administration services, Insurance and life assurance business, and Adviser back-office technology segments. The company operates Transact, a wrap platform that enable advisers to consolidate their clients investments using tax efficient wrappers and provide range of investment choice; and Time4Advice (T4A), an adviser practice management solution.