Pagegroup (PAGE) Receives Outperform Rating from Royal Bank of Canada

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Royal Bank of Canada reaffirmed their outperform rating on shares of Pagegroup (LON:PAGE) in a research note published on Thursday morning.

Several other brokerages have also commented on PAGE. Credit Suisse Group upgraded shares of Pagegroup to an outperform rating and decreased their price objective for the stock from GBX 600 ($7.84) to GBX 575 ($7.51) in a report on Tuesday, October 16th. UBS Group restated a neutral rating on shares of Pagegroup in a report on Wednesday, January 2nd. Liberum Capital restated a hold rating and issued a GBX 590 ($7.71) price objective (up from GBX 560 ($7.32)) on shares of Pagegroup in a report on Wednesday, October 10th. Kepler Capital Markets restated a hold rating on shares of Pagegroup in a report on Wednesday, October 10th. Finally, HSBC decreased their price objective on shares of Pagegroup from GBX 700 ($9.15) to GBX 675 ($8.82) and set a buy rating for the company in a report on Monday. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company. The stock has an average rating of Hold and an average price target of GBX 571.57 ($7.47).

LON PAGE traded up GBX 2.40 ($0.03) during trading on Thursday, hitting GBX 465 ($6.08). The company had a trading volume of 533,093 shares, compared to its average volume of 905,502. Pagegroup has a one year low of GBX 414.50 ($5.42) and a one year high of GBX 566 ($7.40).

In related news, insider Kelvin Stagg sold 13,559 shares of the stock in a transaction dated Tuesday, December 18th. The shares were sold at an average price of GBX 491 ($6.42), for a total transaction of £66,574.69 ($86,991.62). Also, insider Stephen Ingham sold 100,000 shares of the stock in a transaction dated Friday, December 14th. The shares were sold at an average price of GBX 491 ($6.42), for a total transaction of £491,000 ($641,578.47).

About Pagegroup

PageGroup plc, together with its subsidiaries, provides recruitment consultancy and support services in Latin America and Asia. It offers recruitment services for executive, professional, clerical, and general staffing on a permanent, temporary, contract, and interim basis. The company provides its services under the Page Executive, Michael Page, Page Personnel, Page Outsourcing, Page Assessment, Page Consulting, and Page Talent brands.

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Analyst Recommendations for Pagegroup (LON:PAGE)

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