Stephens set a $38.00 price target on Curo Group (NYSE:CURO) in a research report sent to investors on Tuesday, The Fly reports. The brokerage currently has a buy rating on the stock.
Other equities research analysts have also issued reports about the stock. ValuEngine lowered shares of Curo Group from a buy rating to a hold rating in a report on Saturday, June 2nd. Zacks Investment Research raised shares of Curo Group from a sell rating to a hold rating in a report on Friday, August 3rd. Finally, Credit Suisse Group increased their target price on shares of Curo Group from $32.00 to $34.00 and gave the stock an outperform rating in a report on Tuesday, August 14th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. The company currently has an average rating of Buy and a consensus target price of $29.00.
Curo Group stock opened at $31.33 on Tuesday. Curo Group has a 12-month low of $13.50 and a 12-month high of $32.20. The company has a current ratio of 5.35, a quick ratio of 5.35 and a debt-to-equity ratio of 11.91.
In related news, EVP Terry Gene Pittman sold 51,596 shares of the stock in a transaction that occurred on Wednesday, August 15th. The shares were sold at an average price of $26.52, for a total value of $1,368,325.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 48.35% of the company’s stock.
A number of institutional investors and hedge funds have recently made changes to their positions in CURO. Wells Fargo & Company MN purchased a new stake in Curo Group during the 1st quarter valued at approximately $167,000. California State Teachers Retirement System purchased a new stake in Curo Group during the 1st quarter valued at approximately $203,000. Prudential Financial Inc. purchased a new stake in Curo Group during the 1st quarter valued at approximately $349,000. Schwab Charles Investment Management Inc. purchased a new stake in Curo Group during the 1st quarter valued at approximately $538,000. Finally, GSA Capital Partners LLP purchased a new stake in Curo Group during the 1st quarter valued at approximately $622,000. 45.99% of the stock is owned by institutional investors and hedge funds.
Curo Group Company Profile
CURO Group Holdings Corp., a diversified consumer finance company, provides consumer finance to a range of underbanked consumers in the United States, Canada, and the United Kingdom. It offers unsecured installment loans, secured installment loans, open-end loans, and single-pay loans, as well as ancillary financial products, including check cashing, proprietary reloadable prepaid debit cards, credit protection insurance, gold buying, retail installment sales, and money transfer services.
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