Pagegroup PLC (PAGE) Insider Kelvin Stagg Sells 22,207 Shares

Pagegroup PLC (LON:PAGE) insider Kelvin Stagg sold 22,207 shares of the firm’s stock in a transaction that occurred on Tuesday, March 20th. The shares were sold at an average price of GBX 535 ($7.39), for a total transaction of £118,807.45 ($164,144.03).

Shares of PAGE stock opened at GBX 517 ($7.14) on Friday. The stock has a market cap of $1,730.00 and a price-to-earnings ratio of 1,988.46. Pagegroup PLC has a 1 year low of GBX 414.50 ($5.73) and a 1 year high of GBX 566 ($7.82).

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The business also recently declared a dividend, which will be paid on Monday, June 18th. Investors of record on Thursday, May 17th will be given a GBX 8.60 ($0.12) dividend. The ex-dividend date is Thursday, May 17th. This represents a yield of 1.63%.

Several equities analysts have commented on the stock. Credit Suisse Group raised their price target on shares of Pagegroup from GBX 430 ($5.94) to GBX 500 ($6.91) and gave the company an “underperform” rating in a research report on Monday, January 15th. Royal Bank of Canada raised shares of Pagegroup to an “outperform” rating and lifted their price objective for the stock from GBX 490 ($6.77) to GBX 640 ($8.84) in a research report on Monday, January 22nd. Deutsche Bank reaffirmed a “sell” rating and set a GBX 380 ($5.25) price objective on shares of Pagegroup in a research report on Monday, February 5th. Numis Securities reaffirmed a “buy” rating and set a GBX 600 ($8.29) price objective on shares of Pagegroup in a research report on Thursday, March 8th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a GBX 442 ($6.11) price objective on shares of Pagegroup in a research report on Thursday, March 8th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 505.77 ($6.99).

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About Pagegroup

PageGroup plc, formerly Michael Page International plc, is engaged in the recruitment consultancy and other ancillary services. The Company’s segments include EMEA, United Kingdom, Asia Pacific and Americas. The Company is organized into approximately three brands operating at various levels of the market: Michael Page, Page Personnel and Page Executive.

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