Analysts Set Paragon Banking Group PLC (PAG) PT at $437.00
Shares of Paragon Banking Group PLC (LON:PAG) have been given an average recommendation of “Hold” by the eleven analysts that are presently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is GBX 437 ($5.75).
PAG has been the subject of several recent research reports. Peel Hunt restated a “buy” rating and set a GBX 510 ($6.71) target price on shares of Paragon Banking Group PLC in a research report on Thursday, September 21st. Numis Securities Ltd lowered shares of Paragon Banking Group PLC to a “hold” rating and set a GBX 375 ($4.93) target price for the company. in a research report on Thursday, September 21st. Finally, Shore Capital restated a “buy” rating on shares of Paragon Banking Group PLC in a research report on Thursday, September 21st.
In related news, insider Hugo Tudor sold 250,000 shares of the company’s stock in a transaction on Monday, August 14th. The shares were sold at an average price of GBX 105 ($1.38), for a total transaction of £262,500 ($345,258.45).
Shares of Paragon Banking Group PLC (LON:PAG) traded down GBX 5.60 ($0.07) during midday trading on Thursday, reaching GBX 467.30 ($6.15). 522,861 shares of the company traded hands, compared to its average volume of 621,505. Paragon Banking Group PLC has a 12 month low of GBX 319.90 ($4.21) and a 12 month high of GBX 490.80 ($6.46).
About Paragon Banking Group PLC
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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