Jefferies Group Reiterates Hold Rating for Pagegroup PLC (PAGE)
Pagegroup PLC (LON:PAGE)‘s stock had its “hold” rating reaffirmed by research analysts at Jefferies Group in a research note issued on Friday. They currently have a GBX 335 ($4.37) price target on the stock. Jefferies Group’s price objective would indicate a potential downside of 1.47% from the company’s current price.
A number of other equities research analysts have also weighed in on PAGE. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a GBX 275 ($3.59) target price on shares of Pagegroup PLC in a research note on Friday, August 12th. Numis Securities Ltd lowered shares of Pagegroup PLC to an “add” rating and cut their target price for the company from GBX 530 ($6.92) to GBX 320 ($4.18) in a research note on Wednesday, July 6th. Barclays PLC reaffirmed an “equal weight” rating and set a GBX 320 ($4.18) target price on shares of Pagegroup PLC in a research note on Wednesday, July 13th. Deutsche Bank AG reaffirmed a “sell” rating and set a GBX 265 ($3.46) target price on shares of Pagegroup PLC in a research note on Wednesday, July 13th. Finally, Liberum Capital reaffirmed a “buy” rating and set a GBX 345 ($4.50) target price on shares of Pagegroup PLC in a research note on Tuesday, July 12th. Four analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of GBX 320.50 ($4.18).
Shares of Pagegroup PLC (LON:PAGE) traded down 0.03% during midday trading on Friday, reaching GBX 339.90. 1,600,118 shares of the company’s stock were exchanged. The stock’s market capitalization is GBX 1.06 billion. The firm has a 50-day moving average of GBX 346.23 and a 200-day moving average of GBX 367.27. Pagegroup PLC has a 12-month low of GBX 156.30 and a 12-month high of GBX 517.00.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/07/jefferies-group-reiterates-hold-rating-for-pagegroup-plc-page.html
The firm also recently declared a dividend, which will be paid on Wednesday, October 12th. Investors of record on Thursday, September 8th will be given a dividend of GBX 10.21 ($0.13) per share. The ex-dividend date of this dividend is Thursday, September 8th. This represents a yield of 2.92%.
Receive News & Ratings for Pagegroup PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pagegroup PLC and related companies with MarketBeat.com's FREE daily email newsletter.