Paragon Group of Companies PLC (PAG) Given Average Recommendation of “Hold” by Analysts

Shares of Paragon Group of Companies PLC (LON:PAG) have received an average rating of “Hold” from the twelve analysts that are covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and seven have given a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is GBX 430.91 ($5.81).

A number of brokerages have recently commented on PAG. Numis Securities Ltd reissued a “reduce” rating and set a GBX 375 ($5.06) price target on shares of Paragon Group of Companies PLC in a research note on Wednesday, July 26th. Shore Capital reaffirmed a “buy” rating on shares of Paragon Group of Companies PLC in a research note on Wednesday, July 26th. Macquarie reaffirmed an “outperform” rating and issued a GBX 500 ($6.74) price objective on shares of Paragon Group of Companies PLC in a research note on Monday, July 3rd. Liberum Capital reaffirmed a “buy” rating and issued a GBX 490 ($6.61) price objective on shares of Paragon Group of Companies PLC in a research note on Friday, June 2nd. Finally, Jefferies Group LLC lifted their price objective on Paragon Group of Companies PLC from GBX 546 ($7.36) to GBX 560 ($7.55) and gave the stock a “buy” rating in a research note on Friday, May 26th.

Paragon Group of Companies PLC (LON:PAG) traded up 0.46% on Wednesday, reaching GBX 412.80. 650,059 shares of the company’s stock were exchanged. The stock’s 50 day moving average is GBX 416.12 and its 200 day moving average is GBX 432.53. The company’s market cap is GBX 1.12 billion. Paragon Group of Companies PLC has a 52 week low of GBX 299.00 and a 52 week high of GBX 490.80.

In other Paragon Group of Companies PLC news, insider Hugo Tudor sold 250,000 shares of the business’s stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of GBX 105 ($1.42), for a total value of £262,500 ($353,916.68).

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About Paragon Group of Companies PLC

The Paragon Group of Companies PLC is engaged in financial services business. The Company operates as an independent buy-to-let lender, and as a debt purchaser through its Idem Capital division, where it purchases, co-manages and services secured and unsecured consumer loan portfolios. It operates through three segments: Paragon Mortgages, Idem Capital and Paragon Bank.

Analyst Recommendations for Paragon Group of Companies PLC (LON:PAG)

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