Paragon Group of Companies PLC (LON:PAG)‘s stock had its “underweight” rating reaffirmed by investment analysts at JPMorgan Chase & Co. in a research note issued on Thursday. They presently have a GBX 230 ($2.87) price objective on the stock. JPMorgan Chase & Co.’s price objective suggests a potential downside of 37.92% from the company’s previous close.

A number of other analysts have also recently weighed in on PAG. Numis Securities Ltd restated a “hold” rating and issued a GBX 298 ($3.72) price target on shares of Paragon Group of Companies PLC in a report on Wednesday. Peel Hunt restated a “buy” rating and issued a GBX 500 ($6.25) price target on shares of Paragon Group of Companies PLC in a report on Friday, July 29th. Barclays PLC raised their price target on shares of Paragon Group of Companies PLC from GBX 320 ($4.00) to GBX 350 ($4.37) and gave the company an “equal weight” rating in a report on Thursday. Shore Capital restated a “buy” rating on shares of Paragon Group of Companies PLC in a report on Friday, July 29th. Finally, Panmure Gordon restated a “hold” rating and issued a GBX 400 ($5.00) price target on shares of Paragon Group of Companies PLC in a report on Wednesday. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 351.78 ($4.40).

Analyst Recommendations for Paragon Group of Companies PLC (LON:PAG)

Shares of Paragon Group of Companies PLC (LON:PAG) opened at 349.00 on Thursday. Paragon Group of Companies PLC has a 12 month low of GBX 225.10 and a 12 month high of GBX 398.70. The company’s market capitalization is GBX 989.05 million. The company’s 50-day moving average is GBX 333.03 and its 200 day moving average is GBX 303.45.

The firm also recently declared a dividend, which will be paid on Monday, February 13th. Shareholders of record on Thursday, January 5th will be given a dividend of GBX 9.20 ($0.11) per share. The ex-dividend date is Thursday, January 5th. This is a positive change from Paragon Group of Companies PLC’s previous dividend of $4.30. This represents a yield of 2.48%.

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About Paragon Group of Companies PLC

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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