Today, Numis Securities Ltd Reiterates “Hold” Rating for Paragon Group of Companies PLC (PAG)

Today, Numis Securities Ltd Reiterates “Hold” Rating for Paragon Group of Companies PLC (PAG)

Paragon Group of Companies PLC (LON:PAG)‘s stock had its “hold” rating reaffirmed by equities researchers at Numis Securities Ltd in a research note issued on Wednesday. They presently have a GBX 298 ($3.72) price objective on the stock. Numis Securities Ltd’s target price indicates a potential downside of 14.00% from the company’s previous close.

A number of other equities analysts have also issued reports on PAG. Peel Hunt restated a “buy” rating and issued a GBX 500 ($6.25) target price on shares of Paragon Group of Companies PLC in a research note on Friday, July 29th. Barclays PLC restated an “equal weight” rating and issued a GBX 275 ($3.44) target price on shares of Paragon Group of Companies PLC in a research note on Monday, August 1st. Shore Capital restated a “buy” rating on shares of Paragon Group of Companies PLC in a research note on Friday, July 29th. Liberum Capital reduced their target price on Paragon Group of Companies PLC from GBX 360 ($4.50) to GBX 348 ($4.35) and set a “buy” rating for the company in a research note on Monday, August 1st. Finally, JPMorgan Chase & Co. restated an “underweight” rating and issued a GBX 230 ($2.87) target price on shares of Paragon Group of Companies PLC in a research note on Monday, August 1st. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 361.60 ($4.52).

Paragon Group of Companies PLC (LON:PAG) opened at 359.50 on Wednesday. Paragon Group of Companies PLC has a 12 month low of GBX 225.10 and a 12 month high of GBX 396.50. The stock’s market capitalization is GBX 1.02 billion. The stock has a 50 day moving average price of GBX 333.61 and a 200 day moving average price of GBX 303.75.

The firm also recently announced a dividend, which will be paid on Monday, February 13th. Stockholders of record on Thursday, January 5th will be given a dividend of GBX 9.20 ($0.11) per share. The ex-dividend date of this dividend is Thursday, January 5th. This is a boost from Paragon Group of Companies PLC’s previous dividend of $4.30. This represents a dividend yield of 2.48%.

Related posts

Leave a Comment