Paragon Banking Group PLC (LON:PAG) insider Robert Dench sold 30,000 shares of the company’s stock in a transaction on Tuesday, March 13th. The stock was sold at an average price of GBX 505 ($6.98), for a total transaction of £151,500 ($209,311.96).
Paragon Banking Group PLC (PAG) traded down GBX 0.80 ($0.01) during trading on Wednesday, reaching GBX 499 ($6.89). 785,440 shares of the company were exchanged, compared to its average volume of 719,130. The stock has a market capitalization of $1,310.00 and a P/E ratio of 1,188.10. Paragon Banking Group PLC has a 52 week low of GBX 400.30 ($5.53) and a 52 week high of GBX 555.99 ($7.68).
A number of equities analysts recently weighed in on PAG shares. Shore Capital restated a “buy” rating on shares of Paragon Banking Group in a research report on Monday, December 11th. Numis Securities restated an “under review” rating on shares of Paragon Banking Group in a research report on Tuesday, January 23rd. Canaccord Genuity restated a “hold” rating and set a GBX 500 ($6.91) target price on shares of Paragon Banking Group in a research report on Thursday, November 23rd. Liberum Capital reaffirmed a “buy” rating and set a GBX 490 ($6.77) price target on shares of Paragon Banking Group in a research note on Friday, December 8th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a GBX 415 ($5.73) price target on shares of Paragon Banking Group in a research note on Wednesday, November 29th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company’s stock. Paragon Banking Group currently has a consensus rating of “Buy” and a consensus target price of GBX 491 ($6.78).
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Paragon Banking Group PLC, formerly The Paragon Group of Companies PLC, is engaged in financial services business. The Company operates as an independent buy-to-let lender, and as a debt purchaser through its Idem Capital division, where it purchases, co-manages and services secured and unsecured consumer loan portfolios.
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