Peel Hunt Reiterates Buy Rating for Paragon Banking Group (PAG)

Share on StockTwits

Paragon Banking Group (LON:PAG)‘s stock had its “buy” rating reaffirmed by stock analysts at Peel Hunt in a research report issued on Wednesday, ThisIsMoney.Co.Uk reports.

Several other equities research analysts also recently issued reports on PAG. UBS Group restated a “buy” rating on shares of Paragon Banking Group in a report on Friday, January 25th. Shore Capital restated a “buy” rating on shares of Paragon Banking Group in a report on Monday, January 28th. Jefferies Financial Group restated a “buy” rating and issued a GBX 667 ($8.72) price target on shares of Paragon Banking Group in a report on Monday, March 25th. Finally, Numis Securities upgraded Paragon Banking Group to a “hold” rating in a report on Thursday, May 16th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Paragon Banking Group has an average rating of “Buy” and a consensus price target of GBX 557.43 ($7.28).

Shares of Paragon Banking Group stock opened at GBX 439.80 ($5.75) on Wednesday. Paragon Banking Group has a 1 year low of GBX 379.20 ($4.95) and a 1 year high of GBX 558.50 ($7.30). The stock has a market capitalization of $1.14 billion and a price-to-earnings ratio of 8.11. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 726.88.

In other Paragon Banking Group news, insider Hugo Tudor sold 50,000 shares of the stock in a transaction dated Wednesday, February 27th. The stock was sold at an average price of GBX 429 ($5.61), for a total value of £214,500 ($280,282.24).

About Paragon Banking Group

Paragon Banking Group PLC provides financial services in the United Kingdom. The company operates through three segments: Mortgages, Commercial Lending, and Idem Capital. The Mortgages segment offers buy-to-let first charge, and owner-occupied first and second charge mortgages on residential property.

Further Reading: Are sell-side analysts objective?

Analyst Recommendations for Paragon Banking Group (LON:PAG)

Receive News & Ratings for Paragon Banking Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paragon Banking Group and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Measurable Data Token  Price Down 4.3% Over Last Week
Measurable Data Token Price Down 4.3% Over Last Week
Mastech Digital Inc  Short Interest Down 27.4% in May
Mastech Digital Inc Short Interest Down 27.4% in May
Analysts Expect Lamar Advertising Co  to Announce $1.66 EPS
Analysts Expect Lamar Advertising Co to Announce $1.66 EPS
Vezt  Price Tops $0.0286
Vezt Price Tops $0.0286
JavaScript Token Price Up 60.2% Over Last Week
JavaScript Token Price Up 60.2% Over Last Week
Brookfield Business Partners  Reaches New 52-Week High at $51.08
Brookfield Business Partners Reaches New 52-Week High at $51.08


 
© 2006-2019 Zolmax.