Pagegroup (PAGE) Lowered to “Sell” at Deutsche Bank
Deutsche Bank downgraded shares of Pagegroup (LON:PAGE) to a sell rating in a research report sent to investors on Wednesday morning. The firm currently has GBX 380 ($5.11) target price on the stock, down from their previous target price of GBX 430 ($5.79).
PAGE has been the topic of a number of other research reports. Liberum Capital reissued a hold rating and issued a GBX 505 ($6.80) price target on shares of Pagegroup in a report on Wednesday, October 11th. Royal Bank Of Canada increased their price target on shares of Pagegroup from GBX 430 ($5.79) to GBX 490 ($6.59) and gave the stock a sector performer rating in a report on Tuesday, October 3rd. Numis Securities reaffirmed an add rating and set a GBX 540 ($7.27) target price on shares of Pagegroup in a report on Friday, August 11th. Finally, Citigroup reaffirmed a buy rating and set a GBX 600 ($8.08) target price on shares of Pagegroup in a report on Friday, August 11th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus price target of GBX 481.15 ($6.48).
Pagegroup (PAGE) traded up GBX 1.69 ($0.02) during mid-day trading on Wednesday, reaching GBX 442.51 ($5.96). The company’s stock had a trading volume of 760,316 shares, compared to its average volume of 828,981. Pagegroup has a 52-week low of GBX 364.20 ($4.90) and a 52-week high of GBX 527 ($7.09).
Pagegroup Company Profile
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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