Pagegroup PLC (PAGE) Price Target Raised to GBX 385
Pagegroup PLC (LON:PAGE) had its target price boosted by investment analysts at HSBC from GBX 320 ($3.96) to GBX 385 ($4.76) in a report released on Wednesday. The firm presently has a “hold” rating on the stock. HSBC’s price target suggests a potential upside of 4.65% from the company’s current price.
Several other brokerages also recently issued reports on PAGE. Barclays PLC raised their price objective on shares of Pagegroup PLC from GBX 320 ($3.96) to GBX 390 ($4.83) and gave the stock an “equal weight” rating in a research report on Wednesday. Kepler Capital Markets upgraded shares of Pagegroup PLC to a “hold” rating and lifted their price target for the company from GBX 330 ($4.08) to GBX 385 ($4.76) in a research report on Wednesday. Goldman Sachs Group Inc. reiterated a “sell” rating and issued a GBX 329 ($4.07) price target on shares of Pagegroup PLC in a research report on Thursday, September 8th. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a GBX 275 ($3.40) price target on shares of Pagegroup PLC in a research report on Friday, August 12th. Finally, Deutsche Bank AG reiterated a “sell” rating and issued a GBX 265 ($3.28) price target on shares of Pagegroup PLC in a research report on Friday, August 12th. Four investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 340.40 ($4.21).
Pagegroup PLC (LON:PAGE) opened at 387.05 on Wednesday. The firm’s 50-day moving average price is GBX 346.64 and its 200 day moving average price is GBX 365.61. The firm’s market cap is GBX 1.21 billion. Pagegroup PLC has a 12-month low of GBX 156.30 and a 12-month high of GBX 517.00.
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The company also recently disclosed a dividend, which will be paid on Wednesday, October 12th. Investors of record on Thursday, September 8th will be paid a GBX 10.21 ($0.13) dividend. The ex-dividend date of this dividend is Thursday, September 8th. This represents a yield of 2.92%.
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