Paragon Banking Group (LON:PAG) Earns Buy Rating from Peel Hunt
Peel Hunt reiterated their buy rating on shares of Paragon Banking Group (LON:PAG) in a research note published on Monday, ThisIsMoney.Co.Uk reports.
A number of other analysts have also recently issued reports on PAG. Jefferies Financial Group boosted their price objective on Linde from $205.00 to $216.00 and gave the company a buy rating in a research report on Tuesday, May 28th. They noted that the move was a valuation call. Numis Securities restated a buy rating and set a GBX 340 ($4.44) price objective on shares of BT Group in a research report on Tuesday, May 28th. Canaccord Genuity boosted their price objective on from GBX 495 ($6.47) to GBX 500 ($6.53) and gave the company a buy rating in a research report on Thursday, June 13th. Shore Capital restated a sell rating on shares of in a research report on Friday, June 28th. Finally, Royal Bank of Canada lowered their price objective on from GBX 80 ($1.05) to GBX 75 ($0.98) and set an outperform rating on the stock in a research report on Thursday, June 20th. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company. The company has a consensus rating of Buy and a consensus target price of GBX 516.40 ($6.75).
PAG opened at GBX 447.80 ($5.85) on Monday. The company has a market capitalization of $1.17 billion and a PE ratio of 8.40. The company has a current ratio of 2.41, a quick ratio of 2.41 and a debt-to-equity ratio of 692.41. Paragon Banking Group has a 1 year low of GBX 379.20 ($4.95) and a 1 year high of GBX 520.50 ($6.80). The company’s 50 day moving average price is GBX 440.38.
Paragon Banking Group Company Profile
Paragon Banking Group PLC provides financial services in the United Kingdom. The company operates through three segments: Mortgages, Commercial Lending, and Idem Capital. The Mortgages segment offers buy-to-let first charge, and owner-occupied first and second charge mortgages on residential property.
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