Paragon Entertainment Ltd (PEL) Given New GBX 5 Price Target at FinnCap
Paragon Entertainment Ltd (LON:PEL) had its target price lifted by equities researchers at FinnCap from GBX 3 ($0.04) to GBX 5 ($0.06) in a note issued to investors on Monday. The firm currently has a “corporate” rating on the stock. FinnCap’s price target suggests a potential upside of 42.86% from the stock’s previous close.
Shares of Paragon Entertainment (LON:PEL) opened at 3.451 on Monday. Paragon Entertainment has a 52-week low of GBX 1.21 and a 52-week high of GBX 3.60. The firm has a 50-day moving average price of GBX 2.36 and a 200-day moving average price of GBX 2.01. The firm’s market cap is GBX 6.48 million.
In related news, insider Mark Colin Pyrah purchased 78,654 shares of the company’s stock in a transaction on Tuesday, November 1st. The stock was bought at an average price of GBX 3 ($0.04) per share, with a total value of £2,359.62 ($2,948.05). Also, insider Dobson,John purchased 1,658,663 shares of the company’s stock in a transaction on Monday, September 5th. The shares were bought at an average cost of GBX 3 ($0.04) per share, with a total value of £49,759.89 ($62,168.78).
About Paragon Entertainment
Paragon Entertainment Limited is a holding company, which is engaged in the distribution of pre-packaged leisure and attraction products and license branded attraction concepts to operators of attractions and leisure destinations. The Company’s principal activities include licensing and distribution, and Paragon Creative Limited, through which it conducts design and build business.
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