Paragon Banking Group (PAG) Sets New 52-Week Low at $438.40
Paragon Banking Group PLC (LON:PAG)’s share price reached a new 52-week low during trading on Friday . The stock traded as low as GBX 438.40 ($5.73) and last traded at GBX 438.60 ($5.73), with a volume of 499161 shares changing hands. The stock had previously closed at GBX 449.40 ($5.87).
Several research firms recently commented on PAG. UBS Group reiterated a “buy” rating on shares of Paragon Banking Group in a research note on Wednesday, July 4th. Shore Capital reiterated a “buy” rating on shares of Paragon Banking Group in a research note on Monday, July 23rd. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 641 ($8.38) price objective on shares of Paragon Banking Group in a research note on Tuesday, September 18th. Peel Hunt upgraded Paragon Banking Group to a “buy” rating in a research note on Tuesday, July 3rd. Finally, Citigroup reiterated a “buy” rating and issued a GBX 650 ($8.49) price objective on shares of Paragon Banking Group in a research note on Thursday, June 21st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of GBX 534.60 ($6.99).
In other Paragon Banking Group news, insider Alan Fletcher sold 10,000 shares of the stock in a transaction on Wednesday, August 22nd. The stock was sold at an average price of GBX 492 ($6.43), for a total transaction of £49,200 ($64,288.51).
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.
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