Panmure Gordon Reiterates Buy Rating for Paragon Group of Cos (PAG)
Paragon Group of Cos (LON:PAG)‘s stock had its “buy” rating restated by equities researchers at Panmure Gordon in a research report issued on Friday, StockRatingsNetwork.com reports. They currently have a GBX 390 ($6.43) price objective on the stock. Panmure Gordon’s target price would indicate a potential upside of 11.08% from the company’s current price.
Shares of Paragon Group of Cos (LON:PAG) traded up 0.92% during mid-day trading on Friday, hitting GBX 351.10. The stock had a trading volume of 2,161,878 shares. Paragon Group of Cos has a 52-week low of GBX 281.575 and a 52-week high of GBX 427.80. The stock has a 50-day moving average of GBX 359.6 and a 200-day moving average of GBX 338.0. The company’s market cap is £1.066 billion.
A number of other analysts have also recently weighed in on PAG. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Paragon Group of Cos in a research note to investors on Friday. They now have a GBX 420 ($6.92) price target on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of Paragon Group of Cos in a research note to investors on Friday. They now have a GBX 390 ($6.43) price target on the stock. Finally, 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 Thursday. They now have a GBX 424 ($6.99) price target on the stock. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of GBX 369.92 ($6.10).
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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