Pagegroup (PAGE) Hits New 52-Week High at $566.00
Pagegroup PLC (LON:PAGE) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 566 ($7.95) and last traded at GBX 560 ($7.86), with a volume of 531966 shares trading hands. The stock had previously closed at GBX 560 ($7.86).
PAGE has been the topic of a number of analyst reports. Royal Bank of Canada upgraded Pagegroup to an “outperform” rating and upped their price objective for the stock from GBX 490 ($6.88) to GBX 640 ($8.99) in a research note on Monday, January 22nd. Credit Suisse Group upped their price objective on Pagegroup from GBX 430 ($6.04) to GBX 500 ($7.02) and gave the stock an “underperform” rating in a research note on Monday, January 15th. Kepler Capital Markets upped their price objective on Pagegroup from GBX 550 ($7.72) to GBX 560 ($7.86) and gave the stock a “buy” rating in a research note on Thursday, January 11th. Investec upped their price objective on Pagegroup from GBX 450 ($6.32) to GBX 480 ($6.74) and gave the stock a “hold” rating in a research note on Thursday, January 11th. Finally, Deutsche Bank reiterated a “sell” rating and set a GBX 380 ($5.34) price objective on shares of Pagegroup in a research note on Thursday, January 11th. Four analysts have rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 496.79 ($6.98).
The stock has a market capitalization of $1,830.00 and a P/E ratio of 2,240.00.
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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