Provident Financial Group is a door-to-door lending specialist with presence in 6 Europeans countries and in Mexico.

For this stock, Sales and Net Income are expected to steadily increase this year at 4% and 16% respectively. On the other hand, its P/E Ratio is estimated at 13.0, a slightly lower than the current year. Moreover, revisions on EPS and Revenues show a mainly unchanged level since the end of last year.

In consistency with short and midterm moving averages, the stock could rebound after touching the support of GBp 1060. A trendline is also giving arguments for an upward movement in the next trading sessions.

Considering this information, an investor could take a long position above GBp 1606, keeping in mind that a full-year results announcement is expected by 25 February. A stop loss will be under GBp 1600 with a target price of GBp 1773.