Paragon Banking Group PLC (LON:PAG) has received a consensus recommendation of “Buy” from the nine ratings firms that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is GBX 507.57 ($7.01).

A number of equities research analysts recently weighed in on the stock. Numis Securities restated an “under review” rating on shares of Paragon Banking Group in a report on Tuesday, January 23rd. Liberum Capital restated a “buy” rating and issued a GBX 490 ($6.77) target price on shares of Paragon Banking Group in a report on Friday, January 12th. Shore Capital restated a “buy” rating on shares of Paragon Banking Group in a report on Tuesday, January 23rd. Peel Hunt restated an “add” rating and issued a GBX 510 ($7.05) target price on shares of Paragon Banking Group in a report on Tuesday, January 23rd. Finally, Barclays restated an “equal weight” rating and issued a GBX 490 ($6.77) target price on shares of Paragon Banking Group in a report on Wednesday, January 24th.

In other Paragon Banking Group news, insider Hugo Tudor sold 15,000 shares of the company’s stock in a transaction dated Thursday, January 11th. The shares were sold at an average price of GBX 511 ($7.06), for a total value of £76,650 ($105,899.42). Also, insider Alan Fletcher sold 5,000 shares of the company’s stock in a transaction dated Friday, December 15th. The stock was sold at an average price of GBX 487 ($6.73), for a total transaction of £24,350 ($33,641.89). Insiders sold a total of 319,525 shares of company stock valued at $79,182,950 over the last ninety days.

Paragon Banking Group (LON PAG) traded down GBX 9.20 ($0.13) on Friday, hitting GBX 469.60 ($6.49). 387,677 shares of the company were exchanged, compared to its average volume of 725,705. Paragon Banking Group has a 12 month low of GBX 400.30 ($5.53) and a 12 month high of GBX 555.99 ($7.68). The firm has a market cap of $1,250.00 and a price-to-earnings ratio of 1,118.10.

The company also recently disclosed a dividend, which will be paid on Monday, February 19th. Shareholders of record on Thursday, January 4th will be given a GBX 11 ($0.15) dividend. This represents a yield of 2.37%. This is an increase from Paragon Banking Group’s previous dividend of $4.70. The ex-dividend date of this dividend is Thursday, January 4th.

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Paragon Banking Group Company Profile

Paragon Banking Group PLC, formerly The Paragon Group of Companies PLC, is engaged in financial services business. The Company operates as an independent buy-to-let lender, and as a debt purchaser through its Idem Capital division, where it purchases, co-manages and services secured and unsecured consumer loan portfolios.

Analyst Recommendations for Paragon Banking Group (LON:PAG)

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