Paragon Group of Companies PLC (LON:PAG) had its price target hoisted by Barclays PLC from GBX 275 ($3.59) to GBX 320 ($4.18) in a research report sent to investors on Tuesday. The brokerage currently has an equal weight rating on the stock.
Several other brokerages also recently weighed in on PAG. Shore Capital reissued a buy rating on shares of Paragon Group of Companies PLC in a report on Tuesday, September 6th. Peel Hunt reissued a buy rating and issued a GBX 500 ($6.53) price target on shares of Paragon Group of Companies PLC in a report on Wednesday, September 14th. Royal Bank Of Canada raised their price target on Paragon Group of Companies PLC from GBX 350 ($4.57) to GBX 370 ($4.83) and gave the stock an outperform rating in a report on Friday, September 23rd. Jefferies Group lowered their price target on Paragon Group of Companies PLC from GBX 536 ($7.00) to GBX 475 ($6.20) and set a buy rating for the company in a report on Monday, June 6th. Finally, Numis Securities Ltd reissued a hold rating and issued a GBX 298 ($3.89) price target on shares of Paragon Group of Companies PLC in a report on Monday, August 1st. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of GBX 352.89 ($4.61).
Paragon Group of Companies PLC (LON:PAG) opened at 324.80 on Tuesday. The company’s market capitalization is GBX 920.47 million. The firm has a 50-day moving average price of GBX 313.08 and a 200 day moving average price of GBX 297.38. Paragon Group of Companies PLC has a 1-year low of GBX 225.10 and a 1-year high of GBX 448.30.
In related news, insider Fletcher,Alan acquired 22,949 shares of the firm’s stock in a transaction on Thursday, July 7th. The stock was bought at an average cost of GBX 234 ($3.05) per share, with a total value of £53,700.66 ($70,096.15).
Paragon Group of Companies PLC Company Profile
The Paragon Group of Companies PLC is a United Kingdom-based specialist lender of buy-to-let mortgages to professional landlords and residential property investors, as well as an active acquirer of loan assets and portfolios, and a loan servicing provider for third party clients. The Company operates in three business segments: Paragon Mortgages, Idem Capital and Paragon Bank.
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