Zacks Investment Research upgraded Pra Group Inc (NASDAQ:PRAA) to Hold in a report released today.
- Updated: September 22, 2016
Yesterday Pra Group Inc (NASDAQ:PRAA) traded 0.12% higher at $33.78. The company’s 50-day moving average is $30.36 and its 200-day moving average is $28.56. The last stock close price is up 18.22% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 102,751 shares of the stock were exchanged, down from an average trading volume of 436,872
Zacks Investment Research has upgraded Pra Group Inc (NASDAQ:PRAA) to Hold in a report released on 9/22/2016.
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Pra Group Inc has a one year low of $20.00 and a one year high of $56.00 with a PE ratio of 12.56 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 6 firms have issued a report on the stock. The consensus target price is $35.00 with three brokerages rating the company a strong buy, one brokerage rating the company a buy, three brokerages rating the company a hold, zero equity analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.
Brief Synopsis About Pra Group Inc (NASDAQ:PRAA)
PRA Group, Inc. (PRA Group), formerly Portfolio Recovery Associates, Inc., is a financial and business services company with operations in the Americas and Europe. The Company is engaged in the acquisition and collection of nonperforming loans in the Americas and Europe. Its business focuses upon the acquisition, collection, and processing of both unpaid and normal-course accounts receivable originally owed to credit grantors, government entities and others. Its primary business is the purchase, collection and management of portfolios of nonperforming consumer loans. It provides fee-based services, including contingent collections of nonperforming loans in Europe; vehicle location, skip tracing and collateral recovery for auto lenders, government entities and law enforcement; revenue administration, audit and debt discovery services for local government entities, and class action claims recovery services and related payment processing. It has developed Bankruptcy Management System.
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