Liberum Capital Reiterates Buy Rating for Premier Asset Management Group (PAM)
Liberum Capital reaffirmed their buy rating on shares of Premier Asset Management Group (LON:PAM) in a research note issued to investors on Wednesday. They currently have a GBX 279 ($3.78) price objective on the stock.
Separately, Numis Securities boosted their target price on shares of Premier Asset Management Group from GBX 210 ($2.85) to GBX 225 ($3.05) and gave the stock an add rating in a report on Thursday, November 2nd.
Shares of Premier Asset Management Group (LON PAM) traded down GBX 3.01 ($0.04) on Wednesday, reaching GBX 261.99 ($3.55). 28,869 shares of the company were exchanged, compared to its average volume of 98,789. The firm has a market capitalization of $300.29 and a P/E ratio of 3,274.88. Premier Asset Management Group has a fifty-two week low of GBX 125 ($1.70) and a fifty-two week high of GBX 270 ($3.66).
In related news, insider Michael Patrick O’Shea sold 483,264 shares of the business’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of GBX 210 ($2.85), for a total transaction of £1,014,854.40 ($1,376,260.37).
About Premier Asset Management Group
Premier Asset Management Group PLC is a retail asset management group with a focus on delivering investment outcomes for investors through relevant products and active management across its range of investment strategies, which include multi-asset, equity and absolute return funds. The Company offers a range of investment types, including mutual funds, closed-ended investment companies and a portfolio management service.
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