Paragon Group of Cos Price Target Raised to GBX 350 at UBS AG (PAG)
Analysts at UBS AG hoisted their target price on shares of Paragon Group of Cos (LON:PAG) from GBX 325 ($5.34) to GBX 350 ($5.75) in a research report issued to clients and investors on Monday, Stock Ratings News reports. The firm currently has a “neutral” rating on the stock. UBS AG’s price objective points to a potential downside of 2.10% from the stock’s previous close.
Paragon Group of Cos (LON:PAG) traded up 1.82% on Monday, hitting GBX 357.50. The stock had a trading volume of 607,277 shares. Paragon Group of Cos has a one year low of GBX 275.10 and a one year 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 £1.085 billion.
A number of other firms have also recently commented on PAG. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Paragon Group of Cos in a research note to investors on Monday. They now have a GBX 396 ($6.51) price target on the stock. Separately, analysts at Jefferies Group raised their price target on shares of Paragon Group of Cos from GBX 400 ($6.57) to GBX 420 ($6.90) in a research note to investors on Monday. They now have a “buy” rating on the stock. Finally, analysts at Numis Securities Ltd reiterated a “sell” rating on shares of Paragon Group of Cos in a research note to investors on Friday. They now have a GBX 197 ($3.24) price target on the stock. One research analyst has rated the stock with a sell rating, three have given a hold rating and nine have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of GBX 373.67 ($6.14).
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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