Paragon Group of Companies PLC (LON:PAG)‘s stock had its “hold” rating reissued by stock analysts at Numis Securities Ltd in a research note issued on Wednesday. They currently have a GBX 298 ($3.72) price target on the stock. Numis Securities Ltd’s target price points to a potential downside of 14.00% from the company’s current price.

Other analysts have also issued research reports about the company. Shore Capital reissued a “buy” rating on shares of Paragon Group of Companies PLC in a report on Friday, July 29th. Peel Hunt reissued a “buy” rating and issued a GBX 500 ($6.25) target price on shares of Paragon Group of Companies PLC in a report on Friday, July 29th. Liberum Capital reduced their target price on 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. Barclays PLC reissued an “equal weight” rating and issued a GBX 275 ($3.44) target price on shares of Paragon Group of Companies PLC in a report on Monday, August 1st. Finally, Royal Bank Of Canada lifted their target price on Paragon Group of Companies PLC from GBX 350 ($4.37) to GBX 370 ($4.62) and gave the stock an “outperform” rating in a report on Friday, September 23rd. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of GBX 361.60 ($4.52).

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

Shares of Paragon Group of Companies PLC (LON:PAG) opened at 359.50 on Wednesday. The company’s 50-day moving average price is GBX 333.61 and its 200-day moving average price is GBX 303.75. Paragon Group of Companies PLC has a one year low of GBX 225.10 and a one year high of GBX 396.50. The stock’s market cap is GBX 1.02 billion.

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

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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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