Pagegroup (PAGE) Given New GBX 500 Price Target at Credit Suisse Group
Pagegroup (LON:PAGE) had its price objective hoisted by Credit Suisse Group from GBX 430 ($5.83) to GBX 500 ($6.78) in a note issued to investors on Monday. The firm currently has an “underperform” rating on the stock. Credit Suisse Group’s target price points to a potential downside of 8.93% from the company’s current price.
A number of other equities research analysts also recently issued reports on the stock. Deutsche Bank downgraded shares of Pagegroup to a “sell” rating and lowered their target price for the company from GBX 430 ($5.83) to GBX 380 ($5.15) in a report on Wednesday, December 6th. Liberum Capital restated a “sell” rating and issued a GBX 487 ($6.60) target price on shares of Pagegroup in a report on Monday, October 2nd. Royal Bank of Canada boosted their target price on shares of Pagegroup from GBX 430 ($5.83) to GBX 490 ($6.64) and gave the company a “sector performer” rating in a report on Tuesday, October 3rd. Morgan Stanley downgraded shares of Pagegroup to an “underweight” rating in a report on Friday, January 5th. Finally, Investec boosted their target price on shares of Pagegroup from GBX 450 ($6.10) to GBX 480 ($6.51) and gave the company a “hold” rating in a report on Thursday. Four research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of GBX 486.07 ($6.59).
Shares of Pagegroup (PAGE) opened at GBX 549 ($7.45) on Monday. Pagegroup has a twelve month low of GBX 407.30 ($5.52) and a twelve month high of GBX 545 ($7.39). The stock has a market cap of $1,780.00 and a P/E ratio of 2,196.00.
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PageGroup plc, formerly Michael Page International plc, is engaged in the recruitment consultancy and other ancillary services. The Company’s segments include EMEA, United Kingdom, Asia Pacific and Americas. The Company is organized into approximately three brands operating at various levels of the market: Michael Page, Page Personnel and Page Executive.
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