PageGroup (LON:PAGE) Price Target Raised to GBX 770 at Barclays

PageGroup (LON:PAGE) had its price target hoisted by Barclays from GBX 730 ($9.91) to GBX 770 ($10.45) in a research note issued to investors on Friday morning, PriceTargets.com reports. Barclays currently has an equal weight rating on the stock.

Several other equities analysts have also recently issued reports on the company. Royal Bank of Canada upped their price objective on PageGroup from GBX 700 ($9.50) to GBX 760 ($10.32) and gave the company an outperform rating in a research report on Thursday, October 7th. Liberum Capital reaffirmed a hold rating and issued a GBX 685 ($9.30) price target on shares of PageGroup in a report on Tuesday, December 7th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of Hold and a consensus target price of GBX 648.33 ($8.80).

Shares of PAGE opened at GBX 618.50 ($8.40) on Friday. The company has a market capitalization of £2.03 billion and a price-to-earnings ratio of 57.27. PageGroup has a 12 month low of GBX 432.20 ($5.87) and a 12 month high of GBX 691 ($9.38). The company has a current ratio of 1.98, a quick ratio of 1.91 and a debt-to-equity ratio of 26.30. The stock has a 50 day moving average of GBX 644.96 and a 200 day moving average of GBX 630.76.

In related news, insider Stephen Ingham sold 17,670 shares of the firm’s stock in a transaction dated Thursday, December 23rd. The shares were sold at an average price of GBX 631 ($8.57), for a total value of £111,497.70 ($151,347.50).

About PageGroup

PageGroup plc, together with its subsidiaries, provides recruitment consultancy and other ancillary services in the United Kingdom, rest of Europe, the Middle East, Africa, the Asia Pacific, and the Americas. The company offers executive search services under the Page Executive brand; recruitment services for qualified professional on permanent, temporary, and contract or interim basis under the Michael Page brand; recruitment services to organizations requiring permanent employees and temporary or contract staff at technical and administrative support, professional clerical, and junior management levels under the Page Personnel brand; and flexible recruitment outsourcing services under the Page Outsourcing brand.

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Analyst Recommendations for PageGroup (LON:PAGE)

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