Paragon Banking Group PLC (PAG) Earns Add Rating from Peel Hunt
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.
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