Paragon Banking Group PLC (PAG) Given Consensus Rating of “Buy” by Analysts

Paragon Banking Group PLC (LON:PAG) has been assigned a consensus recommendation of “Buy” from the eight analysts that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is GBX 550.75 ($7.20).

Several research analysts have weighed in on the company. Shore Capital reiterated a “buy” rating on shares of Paragon Banking Group in a research note on Monday, January 28th. Peel Hunt reiterated a “buy” rating on shares of Paragon Banking Group in a research note on Monday, January 28th. UBS Group reiterated a “buy” rating on shares of Paragon Banking Group in a research note on Friday, January 25th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a GBX 460 ($6.01) target price on shares of Paragon Banking Group in a research note on Thursday, December 6th.

Shares of PAG stock traded up GBX 8.40 ($0.11) during midday trading on Friday, hitting GBX 453.40 ($5.92). The company had a trading volume of 704,455 shares, compared to its average volume of 729,645. Paragon Banking Group has a 52-week low of GBX 379.20 ($4.95) and a 52-week high of GBX 558.50 ($7.30). The company has a market capitalization of $1.17 billion and a P/E ratio of 8.37. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 726.88.

In related news, insider Barbara Ridpath purchased 2,358 shares of the business’s stock in a transaction dated Monday, February 18th. The stock was bought at an average cost of GBX 422 ($5.51) per share, with a total value of £9,950.76 ($13,002.43). Also, insider Hugo Tudor sold 50,000 shares of the business’s stock in a transaction on Wednesday, February 27th. The stock was sold at an average price of GBX 429 ($5.61), for a total value of £214,500 ($280,282.24).

Paragon Banking Group Company Profile

Paragon Banking Group PLC provides financial services in the United Kingdom. The company operates through three segments: Mortgages, Commercial Lending, and Idem Capital. The Mortgages segment offers buy-to-let first charge, and owner-occupied first and second charge mortgages on residential property.

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Analyst Recommendations for Paragon Banking Group (LON:PAG)

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