PageGroup (LON:PAGE) Sets New 52-Week Low – Should You Sell?

PageGroup plc (LON:PAGE) shares reached a new 52-week low during trading on Monday . The stock traded as low as GBX 103.10 and last traded at GBX 103.10, with a volume of 143154719 shares. The stock had previously closed at GBX 111.20.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Citigroup lowered their target price on PageGroup from GBX 440 to GBX 300 and set a “buy” rating for the company in a research note on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 260 price target on shares of PageGroup in a research note on Wednesday, April 15th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a GBX 125 price objective on shares of PageGroup in a research report on Thursday, May 21st. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, PageGroup has a consensus rating of “Moderate Buy” and an average target price of GBX 228.33.

PageGroup Trading Down 7.3%

The company has a quick ratio of 1.77, a current ratio of 1.47 and a debt-to-equity ratio of 61.62. The stock’s fifty day moving average price is GBX 126.67 and its two-hundred day moving average price is GBX 169.98. The company has a market capitalization of £321.02 million, a PE ratio of 35.55, a price-to-earnings-growth ratio of 0.98 and a beta of 0.93.

About PageGroup

PageGroup Changes Lives…

That’s our PageGroup Purpose, delivered by c.7,300 people in 36 countries, with a gross profit of over £842.6m in 2024. Our four core ?PageGroup brands?are supported by specialised recruitment teams operating across 25 disciplines.

As a FTSE 250 company, a lot has changed since we were set up in 1976 and the Group continues to grow and evolve. What hasn’t changed is our commitment to the success of our clients and candidates, and our own people.

PageGroup’s strategy is geared for the long-term.