Paragon Group of Companies PLC Given New GBX 453 Price Target at Canaccord Genuity (PAG)
Research analysts at Canaccord Genuity boosted their price target on shares of Paragon Group of Companies PLC (LON:PAG) from GBX 420 ($7.04) to GBX 453 ($7.59) in a report released on Tuesday, AnalystRatingsNetwork reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s price objective suggests a potential upside of 17.30% from the stock’s previous close.
Shares of Paragon Group of Companies PLC (LON:PAG) traded up 5.12% during mid-day trading on Tuesday, hitting GBX 386.20. The stock had a trading volume of 590,940 shares. Paragon Group of Companies PLC 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 360.3 and its 200-day moving average is GBX 340.6. The company’s market cap is £1.173 billion.
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 Companies PLC in a research note on Thursday, February 13th. They now have a GBX 481 ($8.06) price target on the stock, up previously from GBX 424 ($7.11). Separately, analysts at UBS AG raised their price target on shares of Paragon Group of Companies PLC from GBX 325 ($5.45) to GBX 350 ($5.87) in a research note on Monday, February 3rd. They now have a “neutral” rating on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Paragon Group of Companies PLC in a research note on Monday, February 3rd. They now have a GBX 396 ($6.64) 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 given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of GBX 381.17 ($6.39).
The Paragon Group of Companies PLC is an United Kingdom-based holding company, engaged in the first mortgage and consumer finance businesses.
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