Pagegroup’s (PAGE) Sell Rating Reaffirmed at Deutsche Bank

Pagegroup (LON:PAGE)‘s stock had its “sell” rating restated by Deutsche Bank in a report issued on Monday. They presently have a GBX 380 ($5.34) price target on the stock. Deutsche Bank’s price objective suggests a potential downside of 28.64% from the company’s current price.

A number of other equities research analysts also recently issued reports on PAGE. Morgan Stanley downgraded shares of Pagegroup to an “underweight” rating in a report on Friday, January 5th. Investec boosted their price objective on shares of Pagegroup from GBX 450 ($6.32) to GBX 480 ($6.74) and gave the stock a “hold” rating in a research note on Thursday, January 11th. Liberum Capital reiterated a “hold” rating and set a GBX 505 ($7.09) price objective on shares of Pagegroup in a research note on Wednesday, October 11th. Kepler Capital Markets boosted their price objective on shares of Pagegroup from GBX 550 ($7.72) to GBX 560 ($7.86) and gave the stock a “buy” rating in a research note on Thursday, January 11th. Finally, Royal Bank of Canada upgraded shares of Pagegroup to an “outperform” rating and boosted their price objective for the stock from GBX 490 ($6.88) to GBX 640 ($8.99) in a research note on Monday, January 22nd. Four analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 496.79 ($6.98).

Pagegroup (LON PAGE) traded up GBX 2.50 ($0.04) during trading on Monday, reaching GBX 532.50 ($7.48). 756,013 shares of the company were exchanged, compared to its average volume of 831,030. Pagegroup has a 52-week low of GBX 407.30 ($5.72) and a 52-week high of GBX 566 ($7.95). The stock has a market capitalization of $1,730.00 and a P/E ratio of 2,130.00.

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About Pagegroup

PageGroup plc, formerly Michael Page International plc, is engaged in the recruitment consultancy and other ancillary services. The Company’s segments include EMEA, United Kingdom, Asia Pacific and Americas. The Company is organized into approximately three brands operating at various levels of the market: Michael Page, Page Personnel and Page Executive.

Analyst Recommendations for Pagegroup (LON:PAGE)

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