Peel Hunt reaffirmed their add rating on shares of Paragon Banking Group PLC (LON:PAG) in a research note published on Thursday. They currently have a GBX 510 ($6.71) target price on the stock.

Several other equities analysts also recently commented on the stock. Numis Securities Ltd downgraded shares of Paragon Banking Group to a hold rating and set a GBX 375 ($4.93) price objective for the company. in a research note on Thursday, September 21st. Shore Capital reaffirmed a buy rating on shares of Paragon Banking Group in a research note on Thursday, September 21st. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. Paragon Banking Group presently has a consensus rating of Hold and an average price target of GBX 453.89 ($5.97).

Paragon Banking Group (PAG) opened at GBX 464.40 ($6.11) on Thursday. Paragon Banking Group has a 52 week low of GBX 345.30 ($4.54) and a 52 week high of GBX 490.80 ($6.46).

The business also recently declared a dividend, which will be paid on Monday, February 19th. Investors of record on Thursday, January 4th will be paid a GBX 11 ($0.14) dividend. This is an increase from Paragon Banking Group’s previous dividend of $4.70. This represents a yield of 2.37%. The ex-dividend date is Thursday, January 4th.

In related news, insider Hugo Tudor sold 200,000 shares of the stock in a transaction dated Thursday, November 23rd. The shares were sold at an average price of GBX 105 ($1.38), for a total value of £210,000 ($276,206.76).

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About Paragon Banking Group

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.

Analyst Recommendations for Paragon Banking Group (LON:PAG)

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