Paragon Group of Cos Receives Buy Rating from Panmure Gordon (PAG)
Paragon Group of Cos (LON:PAG)‘s stock had its “buy” rating reaffirmed by analysts at Panmure Gordon in a research report issued to clients and investors on Wednesday, American Banking & Market News reports. They currently have a GBX 390 ($6.26) price objective on the stock. Panmure Gordon’s target price points to a potential upside of 20.18% from the stock’s previous close.
A number of other firms have also recently commented on PAG. Analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Paragon Group of Cos in a research note to investors on Wednesday. They now have a GBX 393 ($6.31) price target on the stock. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of Paragon Group of Cos from GBX 361 ($5.79) to GBX 396 ($6.35) in a research note to investors on Friday, October 4th. They now have an “overweight” rating on the stock. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Paragon Group of Cos in a research note to investors on Monday, September 23rd. They now have a GBX 390 ($6.26) price target on the stock. One analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of GBX 341.28 ($5.48).
Paragon Group of Cos (LON:PAG) opened at 324.50 on Wednesday. Paragon Group of Cos has a 1-year low of GBX 210.40 and a 1-year high of GBX 427.80. The stock’s 50-day moving average is GBX 328.5 and its 200-day moving average is GBX 322.7. The company’s market cap is £975.4 million.
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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