Paragon Group of Companies PLC Given Overweight Rating at JPMorgan Chase & Co. (PAG)
Paragon Group of Companies PLC (LON:PAG)‘s stock had its “overweight” rating reaffirmed by investment analysts at JPMorgan Chase & Co. in a note issued to investors on Wednesday. They currently have a GBX 396 ($6.66) target price on the stock. JPMorgan Chase & Co.’s price objective points to a potential upside of 5.07% from the stock’s previous close.
Paragon Group of Companies PLC (LON:PAG) traded down 1.75% during mid-day trading on Wednesday, hitting GBX 376.90. The stock had a trading volume of 1,410,728 shares. Paragon Group of Companies PLC has a one year low of GBX 281.575 and a one year high of GBX 426.10. The stock’s 50-day moving average is GBX 380.1 and its 200-day moving average is GBX 369.6. The company’s market cap is £1.144 billion.
The company also recently announced a dividend, which is scheduled for Friday, July 25th. Stockholders of record on Wednesday, July 2nd will be paid a dividend of GBX 3 ($0.05) per share. This represents a dividend yield of 0.78%. The ex-dividend date is Wednesday, July 2nd.
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Paragon Group of Companies PLC in a research note on Tuesday. They now have a GBX 453 ($7.62) price target on the stock. Separately, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Paragon Group of Companies PLC in a research note on Tuesday. They now have a GBX 481 ($8.09) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “sell” rating on shares of Paragon Group of Companies PLC in a research note on Tuesday. They now have a GBX 219 ($3.68) price target on the stock. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have issued a buy rating to the company’s stock. Paragon Group of Companies PLC has an average rating of “Buy” and an average price target of GBX 391.91 ($6.59).
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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