PageGroup (LON:PAGE) Hits New 52-Week Low – What’s Next?

PageGroup plc (LON:PAGE)’s share price reached a new 52-week low on Monday . The company traded as low as GBX 189.50 and last traded at GBX 195.93, with a volume of 478270 shares changing hands. The stock had previously closed at GBX 199.94.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft lowered their target price on shares of PageGroup from GBX 450 to GBX 400 and set a “buy” rating on the stock in a research report on Monday, December 1st. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 327.50.

PageGroup Stock Down 2.0%

The stock has a market cap of £613.92 million, a P/E ratio of 52.96, a P/E/G ratio of 0.98 and a beta of 1.11. The company has a current ratio of 1.60, a quick ratio of 1.77 and a debt-to-equity ratio of 40.35. The firm’s fifty day moving average is GBX 214.42 and its 200 day moving average is GBX 229.80.

About PageGroup

PageGroup Changes Lives…

That’s our PageGroup Purpose, delivered by c.7,300 people in 36 countries, with a gross profit of over £842.6m in 2024. Our four core  PageGroup brands are supported by specialised recruitment teams operating across 25 disciplines.

As a FTSE 250 company, a lot has changed since we were set up in 1976 and the Group continues to grow and evolve. What hasn’t changed is our commitment to the success of our clients and candidates, and our own people.

PageGroup’s strategy is geared for the long-term.