Paragon Group of Cos Rating Reiterated by Numis Securities Ltd (PAG)
Paragon Group of Cos (LON:PAG)‘s stock had its “sell” rating restated by equities researchers at Numis Securities Ltd in a research report issued on Friday, American Banking & Market News reports. They currently have a GBX 197 ($3.25) price objective on the stock. Numis Securities Ltd’s price target suggests a potential downside of 43.89% from the stock’s previous close.
A number of other analysts have also recently weighed in on PAG. Analysts at Panmure Gordon reiterated a “buy” 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. Separately, 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. Finally, 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. One analyst has rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the stock. Paragon Group of Cos currently has a consensus rating of “Buy” and an average price target of GBX 369.92 ($6.10).
Shares of Paragon Group of Cos (LON:PAG) traded up 0.92% on Friday, hitting GBX 351.10. 2,161,878 shares of the company’s stock traded hands. Paragon Group of Cos has a 52-week low of GBX 281.575 and a 52-week high of GBX 427.80. The stock’s 50-day moving average is GBX 359.6 and its 200-day moving average is GBX 338.0. The company’s market cap is £1.066 billion.
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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