Trade Report: The Pagegroup PLC (PAGE) Given New GBX 385 Price Target at HSBC

The Pagegroup PLC (PAGE) Given New GBX 385 Price Target at HSBC

Pagegroup PLC (LON:PAGE) had its price objective upped by HSBC from GBX 320 ($3.96) to GBX 385 ($4.76) in a research report sent to investors on Wednesday. The brokerage currently has a hold rating on the stock.

A number of other equities analysts have also commented on PAGE. Deutsche Bank AG cut their price objective on Pagegroup PLC from GBX 290 ($3.59) to GBX 265 ($3.28) and set a sell rating on the stock in a research note on Monday, June 27th. Goldman Sachs Group Inc. reaffirmed a sell rating and issued a GBX 285 ($3.53) price objective on shares of Pagegroup PLC in a research note on Monday, June 27th. Credit Suisse Group AG reaffirmed an underperform rating and issued a GBX 310 ($3.84) price objective on shares of Pagegroup PLC in a research note on Monday, July 4th. JPMorgan Chase & Co. cut their price objective on Pagegroup PLC from GBX 380 ($4.70) to GBX 275 ($3.40) and set an underweight rating on the stock in a research note on Tuesday, July 5th. Finally, Numis Securities Ltd lowered Pagegroup PLC to an add rating and cut their price objective for the stock from GBX 530 ($6.56) to GBX 320 ($3.96) in a research note on Wednesday, July 6th. Four research analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of GBX 340.40 ($4.21).

Shares of Pagegroup PLC (LON:PAGE) opened at 379.30 on Wednesday. The company’s 50-day moving average price is GBX 347.42 and its 200-day moving average price is GBX 365.71. Pagegroup PLC has a 1-year low of GBX 156.30 and a 1-year high of GBX 517.00. The company’s market capitalization is GBX 1.18 billion.

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