Liberum Capital reiterated their buy rating on shares of Paragon Banking Group (LON:PAG) in a research note issued to investors on Friday morning. The brokerage currently has a GBX 490 ($6.59) price objective on the stock.
Several other analysts have also commented on PAG. Shore Capital reissued a buy rating on shares of Paragon Banking Group in a research note on Tuesday, December 5th. J P Morgan Chase & Co restated an underweight rating and issued a GBX 415 ($5.59) price target on shares of Paragon Banking Group in a research report on Wednesday, November 29th. Peel Hunt restated an add rating and issued a GBX 510 ($6.86) price target on shares of Paragon Banking Group in a research report on Thursday, November 23rd. Numis Securities restated a hold rating and issued a GBX 375 ($5.05) price target on shares of Paragon Banking Group in a research report on Thursday, November 23rd. Finally, Canaccord Genuity restated a hold rating and issued a GBX 500 ($6.73) price target on shares of Paragon Banking Group in a research report on Thursday, November 23rd. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company’s stock. Paragon Banking Group presently has a consensus rating of Hold and an average target price of GBX 460.56 ($6.20).
Shares of Paragon Banking Group (LON:PAG) opened at GBX 481.98 ($6.49) on Friday. Paragon Banking Group has a one year low of GBX 380 ($5.11) and a one year high of GBX 497 ($6.69).
In other Paragon Banking Group news, insider John Heron sold 69,525 shares of the company’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of GBX 478 ($6.43), for a total value of £332,329.50 ($447,280.62). Also, insider Hugo Tudor sold 200,000 shares of the company’s stock in a transaction that occurred on Thursday, November 23rd. The shares were sold at an average price of GBX 105 ($1.41), for a total transaction of £210,000 ($282,637.95).
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About Paragon Banking Group
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.
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