Paragon Group of Companies PLC’s (PAG) Buy Rating Reaffirmed at Peel Hunt
Several other research analysts have also recently issued reports on the stock. Barclays PLC raised their target price on shares of Paragon Group of Companies PLC from GBX 275 ($3.44) to GBX 320 ($4.00) and gave the stock an equal weight rating in a report on Tuesday, October 4th. Royal Bank Of Canada lifted their price objective on shares of Paragon Group of Companies PLC from GBX 350 ($4.37) to GBX 370 ($4.62) and gave the company an outperform rating in a report on Friday, September 23rd. Shore Capital reaffirmed a buy rating on shares of Paragon Group of Companies PLC in a report on Tuesday, September 6th. Numis Securities Ltd reaffirmed a hold rating and issued a GBX 298 ($3.72) price objective on shares of Paragon Group of Companies PLC in a report on Monday, August 1st. Finally, Liberum Capital cut their price objective on shares of Paragon Group of Companies PLC from GBX 360 ($4.50) to GBX 348 ($4.35) and set a buy rating for the company in a report on Monday, August 1st. One research analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of GBX 351.78 ($4.40).
Shares of Paragon Group of Companies PLC (LON:PAG) traded down 5.94% on Wednesday, hitting GBX 348.50. 910,604 shares of the company were exchanged. Paragon Group of Companies PLC has a 52-week low of GBX 225.10 and a 52-week high of GBX 398.70. The stock’s market capitalization is GBX 987.64 million. The firm’s 50-day moving average is GBX 333.03 and its 200-day moving average is GBX 303.45.
The business also recently declared a dividend, which will be paid on Monday, February 13th. Stockholders of record on Thursday, January 5th will be paid a GBX 9.20 ($0.11) dividend. This represents a dividend yield of 2.48%. This is an increase from Paragon Group of Companies PLC’s previous dividend of $4.30. The ex-dividend date of this dividend is Thursday, January 5th.
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.
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