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Plenti Group Ltd. ( (AU:PLT) ) has issued an announcement.
Plenti Group Ltd. reported a record quarter with loan originations reaching $475 million, marking the fourth consecutive quarter of growth. The company’s loan portfolio increased to $2.83 billion, driven by strong performance across its automotive, renewable energy, and personal loan sectors. Plenti’s strategic focus on technology and partnerships has resulted in significant revenue growth and improved credit performance, positioning the company well to achieve its goal of a $3 billion loan book by the end of the financial year.
The most recent analyst rating on (AU:PLT) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Plenti Group Ltd. stock, see the AU:PLT Stock Forecast page.
More about Plenti Group Ltd.
Plenti Group Ltd. operates in the financial services industry, focusing on providing automotive, renewable energy, and personal loans. The company emphasizes technology-driven solutions and strong partnerships to deliver fast and fair lending options.
Average Trading Volume: 400,019
Technical Sentiment Signal: Buy
Current Market Cap: A$234.2M
Learn more about PLT stock on TipRanks’ Stock Analysis page.