Trading Report: Today, Paragon Group of Companies PLC (PAG) Lowered by Bank of America Corp.

Today, Paragon Group of Companies PLC (PAG) Lowered by Bank of America Corp.

Bank of America Corp. lowered shares of Paragon Group of Companies PLC (LON:PAG) to an underperform rating in a research report released on Thursday. They currently have GBX 360 ($4.47) price target on the stock.

PAG has been the subject of a number of other research reports. Peel Hunt reiterated a buy rating and issued a GBX 500 ($6.20) price objective on shares of Paragon Group of Companies PLC in a report on Friday, July 29th. Panmure Gordon reiterated a hold rating and issued a GBX 400 ($4.96) price objective on shares of Paragon Group of Companies PLC in a report on Wednesday, November 23rd. Liberum Capital cut their price objective on shares of Paragon Group of Companies PLC from GBX 360 ($4.47) to GBX 348 ($4.32) and set a buy rating for the company in a report on Monday, August 1st. Numis Securities Ltd reiterated a hold rating and issued a GBX 298 ($3.70) price objective on shares of Paragon Group of Companies PLC in a report on Wednesday, November 23rd. Finally, Royal Bank Of Canada increased their price objective on shares of Paragon Group of Companies PLC from GBX 350 ($4.34) to GBX 370 ($4.59) and gave the company an outperform rating in a report on Friday, September 23rd. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of GBX 361.60 ($4.49).

Paragon Group of Companies PLC (LON:PAG) opened at 367.80 on Thursday. Paragon Group of Companies PLC has a 52 week low of GBX 225.10 and a 52 week high of GBX 396.50. The company’s market cap is GBX 1.04 billion. The company has a 50-day moving average of GBX 336.10 and a 200-day moving average of GBX 304.68.

The business also recently disclosed a dividend, which will be paid on Monday, February 13th. Investors 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 represents a dividend yield of 2.48%. This is a boost from Paragon Group of Companies PLC’s previous dividend of $4.30.

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