Paragon Group of Companies PLC (LON:PAG) was downgraded by equities researchers at Numis Securities Ltd to an “add” rating in a research report issued to clients and investors on Friday. They presently have a GBX 355 ($5.14) target price on the stock. Numis Securities Ltd’s price target suggests a potential upside of 14.33% from the company’s current price.

Paragon Group of Companies PLC (LON:PAG) opened at 310.3000 on Friday. The company’s 50 day moving average is GBX 306.42 and its 200-day moving average is GBX 331.31. Paragon Group of Companies PLC has a 52 week low of GBX 284.70 and a 52 week high of GBX 449.00. The firm’s market cap is GBX 916.58 million.

The business also recently announced a dividend, which will be paid on Friday, July 22nd. Shareholders of record on Thursday, June 30th will be issued a dividend of GBX 4.30 ($0.06) per share. The ex-dividend date of this dividend is Thursday, June 30th. This represents a yield of 1.43%.

A number of other analysts also recently weighed in on the stock. Barclays reiterated an “equal weight” rating and issued a GBX 365 ($5.28) price target on shares of Paragon Group of Companies PLC in a research report on Thursday. Peel Hunt reiterated a “buy” rating and issued a GBX 500 ($7.23) price target on shares of Paragon Group of Companies PLC in a research report on Monday, February 22nd. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 465 ($6.73) price target on shares of Paragon Group of Companies PLC in a research report on Thursday, January 28th. Liberum Capital cut their price target on shares of Paragon Group of Companies PLC from GBX 482 ($6.97) to GBX 362 ($5.24) and set a “buy” rating on the stock in a research report on Tuesday, February 16th. Finally, Shore Capital reiterated a “buy” rating on shares of Paragon Group of Companies PLC in a research report on Tuesday. Four equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Paragon Group of Companies PLC has an average rating of “Buy” and an average target price of GBX 417.55 ($6.04).

The Paragon Group of Companies PLC is a United Kingdom-based specialist lender of buy-to-let mortgages to professional landlords and residential property investors, as well as an active acquirer of loan assets and portfolios, and a loan servicing provider for third party clients. The Company operates in three business segments: Paragon Mortgages, Idem Capital and Paragon Bank.

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