Pagegroup PLC (PAGE) Price Target Raised to GBX 385
Pagegroup PLC (LON:PAGE) had its price objective boosted by investment analysts at HSBC from GBX 320 ($3.96) to GBX 385 ($4.76) in a research note issued to investors on Wednesday. The brokerage presently has a “hold” rating on the stock. HSBC’s price objective indicates a potential upside of 4.65% from the stock’s previous close.
Other equities research analysts also recently issued research reports about the stock. Numis Securities Ltd downgraded shares of Pagegroup PLC to an “add” rating and cut their price objective for the company from GBX 530 ($6.56) to GBX 320 ($3.96) in a research report on Wednesday, July 6th. Liberum Capital reissued a “buy” rating and set a GBX 345 ($4.27) price objective on shares of Pagegroup PLC in a research report on Tuesday, July 12th. Barclays PLC cut their price objective on shares of Pagegroup PLC from GBX 480 ($5.94) to GBX 320 ($3.96) and set an “equal weight” rating for the company in a research report on Thursday, July 7th. Jefferies Group reissued a “hold” rating and set a GBX 335 ($4.15) price objective on shares of Pagegroup PLC in a research report on Wednesday, July 13th. Finally, Kepler Capital Markets raised shares of Pagegroup PLC to a “hold” rating and upped their target price for the stock from GBX 330 ($4.08) to GBX 385 ($4.76) in a report on Wednesday. Four analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company’s stock. Pagegroup PLC has a consensus rating of “Hold” and a consensus target price of GBX 340.40 ($4.21).
Pagegroup PLC (LON:PAGE) opened at 387.10 on Wednesday. The company’s 50-day moving average price is GBX 346.64 and its 200-day moving average price is GBX 365.61. Pagegroup PLC has a 1-year low of GBX 156.30 and a 1-year high of GBX 517.00. The firm’s market capitalization is GBX 1.21 billion.
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The business also recently disclosed a dividend, which will be paid on Wednesday, October 12th. Shareholders of record on Thursday, September 8th will be issued a dividend of GBX 10.21 ($0.13) per share. This represents a dividend yield of 2.92%. The ex-dividend date of this dividend is Thursday, September 8th.
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