Panmure Gordon Reiterates Buy Rating for Paragon Group of Cos (PAG)
Paragon Group of Cos (LON:PAG)‘s stock had its “buy” rating reaffirmed by equities researchers at Panmure Gordon in a research report issued on Monday, Stock Ratings Network.com reports. They currently have a GBX 390 ($6.25) target price on the stock. Panmure Gordon’s price objective suggests a potential upside of 23.93% from the stock’s previous close.
Paragon Group of Cos (LON:PAG) opened at 315.00 on Monday. Paragon Group of Cos has a 52 week low of GBX 202.80 and a 52 week high of GBX 427.80. The stock has a 50-day moving average of GBX 328.5 and a 200-day moving average of GBX 322.7. The company’s market cap is £946.9 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Paragon Group of Cos (LON:PAG) in a research note to investors on Monday. They now have a GBX 390 ($6.25) price target on the stock. Finally, analysts at HSBC reiterated a “neutral” rating on shares of Paragon Group of Cos (LON:PAG) in a research note to investors on Wednesday, August 21st. They now have a GBX 335 ($5.37) price target on the stock.
One research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the stock. Paragon Group of Cos has an average rating of “Hold” and a consensus price target of GBX 336.30 ($5.39).
The Paragon Group of Companies PLC is a holding engaged in the operation of its first mortgage and consumer finance businesses.
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