The Paragon Group of Companies PLC (LON:PAG) Given Average Recommendation of “Buy” from Brokerages

The Paragon Group of Companies PLC (LON:PAG) Given Average Recommendation of “Buy” from Brokerages

Paragon Group of Companies PLC (LON:PAG) has been given a consensus recommendation of “Buy” by the ten analysts that are presently covering the stock. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and six have given a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is GBX 352.89 ($4.61).

PAG has been the topic of several recent research reports. JPMorgan Chase & Co. downgraded shares of Paragon Group of Companies PLC to an “underweight” rating and cut their price objective for the company from GBX 360 ($4.70) to GBX 230 ($3.00) in a research report on Wednesday, June 29th. Shore Capital reissued a “buy” rating on shares of Paragon Group of Companies PLC in a research note on Tuesday, September 6th. Royal Bank Of Canada raised their target price on shares of Paragon Group of Companies PLC from GBX 350 ($4.57) to GBX 370 ($4.83) and gave the company an “outperform” rating in a research note on Friday, September 23rd. Peel Hunt reissued a “buy” rating and set a GBX 500 ($6.53) target price on shares of Paragon Group of Companies PLC in a research note on Monday. Finally, Barclays PLC raised their target price on shares of Paragon Group of Companies PLC from GBX 265 ($3.46) to GBX 275 ($3.59) and gave the company an “equal weight” rating in a research note on Wednesday, July 20th.

Shares of Paragon Group of Companies PLC (LON:PAG) traded up 0.34% during trading on Wednesday, hitting GBX 326.10. 619,967 shares of the company traded hands. Paragon Group of Companies PLC has a one year low of GBX 225.10 and a one year high of GBX 448.30. The firm has a 50 day moving average price of GBX 313.08 and a 200-day moving average price of GBX 297.38. The stock’s market cap is GBX 924.15 million.

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