Paragon Group of Companies PLC (LON:PAG) had its price target upped by Jefferies Group from GBX 400 ($5.00) to GBX 490 ($6.12) in a research report report published on Friday morning. They currently have a buy rating on the stock.

Several other research firms have also recently issued reports on PAG. Peel Hunt reiterated a buy rating and issued a GBX 500 ($6.25) price target on shares of Paragon Group of Companies PLC in a report on Wednesday, September 14th. JPMorgan Chase & Co. reiterated an underweight rating and issued a GBX 230 ($2.87) price target on shares of Paragon Group of Companies PLC in a report on Thursday. Barclays PLC reiterated an equal weight rating and issued a GBX 275 ($3.44) price target on shares of Paragon Group of Companies PLC in a report on Monday, August 1st. Bank of America Corp. cut Paragon Group of Companies PLC to an underperform rating and set a GBX 360 ($4.50) price target on the stock. in a report on Thursday. Finally, Numis Securities Ltd reiterated a  hold rating and issued a GBX 298 ($3.72) price target on shares of Paragon Group of Companies PLC in a report on Monday, August 1st. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of GBX 361.60 ($4.52).

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

Paragon Group of Companies PLC (LON:PAG) opened at 369.80 on Friday. The stock’s market cap is GBX 1.05 billion. The firm’s 50-day moving average price is GBX 334.65 and its 200 day moving average price is GBX 304.17. Paragon Group of Companies PLC has a 1-year low of GBX 225.10 and a 1-year high of GBX 396.50.

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The company also recently announced a dividend, which will be paid on Monday, February 13th. Investors of record on Thursday, January 5th will be given a GBX 9.20 ($0.11) dividend. This represents a yield of 2.48%. 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.

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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