Paragon Group of Companies PLC (LON:PAG) had its price objective upped by equities research analysts at Barclays PLC from GBX 320 ($4.00) to GBX 350 ($4.37) in a report issued on Thursday. The brokerage presently has an “equal weight” rating on the stock. Barclays PLC’s target price would suggest a potential downside of 5.53% from the stock’s current price.

PAG has been the topic of several other research reports. Peel Hunt reiterated a “buy” rating and set a GBX 500 ($6.25) price target on shares of Paragon Group of Companies PLC in a research report on Friday, July 29th. Panmure Gordon reiterated a “hold” rating and set a GBX 400 ($5.00) price target on shares of Paragon Group of Companies PLC in a research report on Wednesday. Numis Securities Ltd reiterated a “hold” rating and set a GBX 298 ($3.72) price target on shares of Paragon Group of Companies PLC in a research report on Wednesday. Liberum Capital reduced their price target on shares of Paragon Group of Companies PLC from GBX 360 ($4.50) to GBX 348 ($4.35) and set a “buy” rating on the stock in a research report on Monday, August 1st. Finally, Royal Bank Of Canada increased their price target on shares of Paragon Group of Companies PLC from GBX 350 ($4.37) to GBX 370 ($4.62) and gave the stock an “outperform” rating in a research report on Friday, September 23rd. One analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of GBX 351.78 ($4.40).

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

Paragon Group of Companies PLC (LON:PAG) opened at 370.50 on Thursday. The company’s market cap is GBX 1.05 billion. The company has a 50-day moving average of GBX 333.03 and a 200 day moving average of GBX 303.45. Paragon Group of Companies PLC has a 52-week low of GBX 225.10 and a 52-week high of GBX 398.70.

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

COPYRIGHT VIOLATION WARNING: “Paragon Group of Companies PLC (PAG) Given New GBX 350 Price Target at Barclays PLC” was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece of content on another site, it was stolen and republished in violation of international copyright and trademark legislation. The correct version of this piece of content can be accessed at https://www.thecerbatgem.com/2016/11/24/paragon-group-of-companies-plc-pag-given-new-gbx-350-price-target-at-barclays-plc.html.

Paragon Group of Companies PLC Company Profile

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.

Receive News & Stock Ratings for Paragon Group of Companies PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paragon Group of Companies PLC and related stocks with our FREE daily email newsletter.