Todays Report: Today, Paragon Group of Companies PLC (PAG) PT Raised to GBX 490 at Jefferies Group

Today, Paragon Group of Companies PLC (PAG) PT Raised to GBX 490 at Jefferies Group

Paragon Group of Companies PLC (LON:PAG) had its target price raised by equities researchers at Jefferies Group from GBX 400 ($5.00) to GBX 490 ($6.12) in a report issued on Friday. The brokerage presently has a “buy” rating on the stock. Jefferies Group’s price objective would suggest a potential upside of 41.41% from the stock’s current price.

Several other research firms also recently commented on PAG. Peel Hunt reiterated a “buy” rating and issued a GBX 500 ($6.25) target price on shares of Paragon Group of Companies PLC in a research report on Wednesday, September 14th. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a GBX 230 ($2.87) target price on shares of Paragon Group of Companies PLC in a research report on Thursday. Barclays PLC reiterated an “equal weight” rating and issued a GBX 275 ($3.44) target price on shares of Paragon Group of Companies PLC in a research report on Monday, August 1st. Bank of America Corp. downgraded Paragon Group of Companies PLC to an “underperform” rating and set a GBX 360 ($4.50) price objective for the company. in a research report on Thursday. Finally, Numis Securities Ltd restated a ” hold” rating and set a GBX 298 ($3.72) price objective on shares of Paragon Group of Companies PLC in a research report on Monday, August 1st. Two analysts have rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 361.60 ($4.52).

Shares of Paragon Group of Companies PLC (LON:PAG) opened at 365.70 on Friday. The company’s market cap is GBX 1.04 billion. Paragon Group of Companies PLC has a 1-year low of GBX 225.10 and a 1-year high of GBX 396.50. The firm has a 50-day moving average price of GBX 333.61 and a 200 day moving average price of GBX 303.75.

The company also recently disclosed a dividend, which will be paid on Monday, February 13th. Shareholders of record on Thursday, January 5th will be paid a GBX 9.20 ($0.11) dividend. This represents a yield of 2.48%. 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.

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