Paragon Group of Cos Stock Rating Reaffirmed by JPMorgan Chase & Co. (PAG)
Paragon Group of Cos (LON:PAG)‘s stock had its “overweight” rating reiterated by investment analysts at JPMorgan Chase & Co. in a note issued to investors on Monday, AmericanBankingNews.com reports. They currently have a GBX 396 ($6.51) price objective on the stock. JPMorgan Chase & Co.’s target price indicates a potential upside of 10.77% from the company’s current price.
Shares of Paragon Group of Cos (LON:PAG) traded up 1.82% on Monday, hitting GBX 357.50. The stock had a trading volume of 623,870 shares. Paragon Group of Cos has a one year low of GBX 281.575 and a one year high of GBX 427.80. The stock has a 50-day moving average of GBX 360.2 and a 200-day moving average of GBX 338.3. The company’s market cap is £1.085 billion.
A number of other analysts have also recently weighed in on PAG. 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. Separately, 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. Finally, 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 ($6.41) 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 assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price 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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