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Espirito Santo Investment Bank Research increased their price target on shares of Paragon Group of Companies PLC (LON:PAG) from GBX 481 ($8.19) to GBX 494 ($8.41) in a research note issued on Thursday. The firm currently has a “buy” rating on the stock. Espirito Santo Investment Bank Research’s price target points to a potential upside of 42.61% from the company’s current price.

Paragon Group of Companies PLC (LON:PAG) traded up 2.94% on Thursday, hitting GBX 356.60. 761,283 shares of the company’s stock traded hands. Paragon Group of Companies PLC has a one year low of GBX 295.10 and a one year high of GBX 426.10. The stock has a 50-day moving average of GBX 369.4 and a 200-day moving average of GBX 375.7. The company’s market cap is £1.089 billion.

The company also recently announced a dividend, which is scheduled for Friday, July 25th. Shareholders 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.

Several other analysts have also recently commented on the stock. Analysts at RBC Capital reiterated an “outperform” rating on shares of Paragon Group of Companies PLC in a research note on Monday. They now have a GBX 400 ($6.81) price target on the stock. Separately, analysts at HSBC reiterated a “neutral” rating on shares of Paragon Group of Companies PLC in a research note on Monday, June 16th. They now have a GBX 380 ($6.47) price target on the stock. Finally, analysts at Macquarie reiterated a “neutral” rating on shares of Paragon Group of Companies PLC in a research note on Friday, June 6th. They now have a GBX 421 ($7.16) price target on the stock. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of GBX 407 ($6.93).

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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