Pagegroup PLC (PAGE) Upgraded to “Buy” by HSBC
Pagegroup PLC (LON:PAGE) was upgraded by investment analysts at HSBC to a “buy” rating in a research note issued on Monday. The brokerage presently has a GBX 440 ($5.50) price objective on the stock, up from their prior price objective of GBX 385 ($4.81). HSBC’s target price would indicate a potential upside of 20.65% from the stock’s current price.
PAGE has been the subject of several other reports. Goldman Sachs Group Inc. restated a “sell” rating and set a GBX 329 ($4.11) price target on shares of Pagegroup PLC in a research report on Thursday, September 8th. Jefferies Group restated a “hold” rating and set a GBX 335 ($4.19) price target on shares of Pagegroup PLC in a research report on Friday, October 7th. Kepler Capital Markets upgraded shares of Pagegroup PLC to a “hold” rating and upped their price target for the company from GBX 330 ($4.12) to GBX 385 ($4.81) in a research report on Wednesday, October 12th. Numis Securities Ltd restated a “hold” rating and set a GBX 350 ($4.37) price target on shares of Pagegroup PLC in a research report on Wednesday, October 12th. Finally, Royal Bank Of Canada upped their price target on shares of Pagegroup PLC from GBX 350 ($4.37) to GBX 360 ($4.50) and gave the company a “sector perform” rating in a research report on Thursday, October 13th. Four analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of GBX 347.18 ($4.34).
Shares of Pagegroup PLC (LON:PAGE) opened at 375.70 on Monday. The firm’s market capitalization is GBX 1.17 billion. Pagegroup PLC has a 52 week low of GBX 156.30 and a 52 week high of GBX 517.00. The stock has a 50 day moving average price of GBX 365.02 and a 200 day moving average price of GBX 356.92.
About Pagegroup PLC
PageGroup plc, formerly Michael Page International plc, is engaged in the recruitment consultancy and other ancillary services. The Company’s segments include EMEA, United Kingdom, Asia Pacific and Americas. The Company is organized into approximately three brands operating at various levels of the market: Michael Page, Page Personnel and Page Executive.
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