PageGroup (LON:PAGE) Reaches New 52-Week Low – Here’s What Happened

PageGroup plc (LON:PAGE) shares reached a new 52-week low during trading on Monday . The stock traded as low as GBX 103.10 and last traded at GBX 103.10, with a volume of 143154719 shares traded. The stock had previously closed at GBX 111.20.

Analysts Set New Price Targets

PAGE has been the subject of a number of research analyst reports. Jefferies Financial Group restated a “hold” rating and set a GBX 125 target price on shares of PageGroup in a report on Thursday, May 21st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 260 price target on shares of PageGroup in a research report on Wednesday, April 15th. Finally, Citigroup dropped their price objective on shares of PageGroup from GBX 440 to GBX 300 and set a “buy” rating for the company in a report on Wednesday, April 15th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 228.33.

PageGroup Price Performance

The stock’s 50-day moving average is GBX 125.38 and its 200 day moving average is GBX 168.14. The company has a debt-to-equity ratio of 61.62, a quick ratio of 1.77 and a current ratio of 1.47. The stock has a market capitalization of £329.11 million, a PE ratio of 36.45, a P/E/G ratio of 0.98 and a beta of 1.03.

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.