Pagegroup (PAGE) Downgraded by Credit Suisse Group
Credit Suisse Group downgraded shares of Pagegroup (LON:PAGE) to an underperform rating in a report released on Wednesday morning. Credit Suisse Group currently has GBX 430 ($5.75) price objective on the stock, down from their prior price objective of GBX 500 ($6.69).
PAGE has been the topic of several other reports. Royal Bank of Canada lifted their price target on shares of Pagegroup from GBX 430 ($5.75) to GBX 490 ($6.55) and gave the stock a sector performer rating in a research note on Tuesday, October 3rd. Deutsche Bank lowered shares of Pagegroup to a sell rating and cut their price target for the stock from GBX 430 ($5.75) to GBX 380 ($5.08) in a research note on Wednesday, December 6th. Finally, Liberum Capital reiterated a hold rating and set a GBX 505 ($6.75) price target on shares of Pagegroup in a research note on Wednesday, October 11th. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. Pagegroup currently has an average rating of Hold and an average target price of GBX 475.77 ($6.36).
Shares of Pagegroup (LON:PAGE) opened at GBX 463.60 ($6.20) on Wednesday. Pagegroup has a fifty-two week low of GBX 391 ($5.23) and a fifty-two week high of GBX 527 ($7.05). The firm has a market cap of $1,480.00 and a price-to-earnings ratio of 1,854.40.
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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.
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