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

Today: Paragon Group of Companies PLC (PAG) Price Target Raised to GBX 490 at Jefferies Group

Paragon Group of Companies PLC (LON:PAG) had its price objective lifted by Jefferies Group from GBX 400 ($5.00) to GBX 490 ($6.12) in a research report sent to investors on Friday. Jefferies Group currently has a buy rating on the stock.

A number of other brokerages have also weighed in on PAG. Barclays PLC boosted their price objective on Paragon Group of Companies PLC from GBX 320 ($4.00) to GBX 350 ($4.37) and gave the stock an equal weight rating in a research report on Thursday. JPMorgan Chase & Co. restated an underweight rating and set a GBX 230 ($2.87) price objective on shares of Paragon Group of Companies PLC in a research report on Thursday. Bank of America Corp. lowered Paragon Group of Companies PLC to an underperform rating and set a GBX 360 ($4.50) price objective on the stock. in a research report on Thursday. Panmure Gordon restated a hold rating and set a GBX 400 ($5.00) price objective on shares of Paragon Group of Companies PLC in a research report on Wednesday, November 23rd. 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 Wednesday, November 23rd. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company. Paragon Group of Companies PLC currently has an average rating of Hold and an average price target of GBX 361.60 ($4.52).

Shares of Paragon Group of Companies PLC (LON:PAG) opened at 369.80 on Friday. Paragon Group of Companies PLC has a 12 month low of GBX 225.10 and a 12 month high of GBX 396.50. The firm’s market cap is GBX 1.05 billion. The company has a 50-day moving average price of GBX 334.65 and a 200-day moving average price of GBX 304.17.

The firm also recently announced 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. This is a positive change from Paragon Group of Companies PLC’s previous dividend of $4.30. The ex-dividend date is Thursday, January 5th. This represents a dividend yield of 2.48%.

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