Paragon Banking Group’s (PAG) Hold Rating Reiterated at Numis Securities

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Paragon Banking Group (LON:PAG)‘s stock had its “hold” rating reiterated by stock analysts at Numis Securities in a research report issued on Wednesday, Digital Look reports. They presently have a GBX 475 ($6.21) target price on the stock. Numis Securities’ target price points to a potential upside of 8.00% from the company’s previous close.

Several other brokerages also recently commented on PAG. Peel Hunt reaffirmed a “buy” rating on shares of Paragon Banking Group in a report on Wednesday. Shore Capital reaffirmed a “buy” rating on shares of Paragon Banking Group in a report on Wednesday. Jefferies Financial Group lifted their target price on Paragon Banking Group from GBX 560 ($7.32) to GBX 667 ($8.72) and gave the stock a “buy” rating in a report on Tuesday, April 9th. Finally, UBS Group reaffirmed a “buy” rating on shares of Paragon Banking Group in a report on Friday, January 25th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of GBX 557.43 ($7.28).

Shares of PAG opened at GBX 439.80 ($5.75) on Wednesday. The stock has a market cap of $1.14 billion and a price-to-earnings ratio of 8.11. Paragon Banking Group has a 12 month low of GBX 379.20 ($4.95) and a 12 month high of GBX 558.50 ($7.30). The company has a debt-to-equity ratio of 726.88, a quick ratio of 2.61 and a current ratio of 2.61.

In other news, insider Hugo Tudor sold 50,000 shares of the business’s stock in a transaction dated Wednesday, February 27th. The stock was sold at an average price of GBX 429 ($5.61), for a total value of £214,500 ($280,282.24).

About Paragon Banking Group

Paragon Banking Group PLC provides financial services in the United Kingdom. The company operates through three segments: Mortgages, Commercial Lending, and Idem Capital. The Mortgages segment offers buy-to-let first charge, and owner-occupied first and second charge mortgages on residential property.

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Analyst Recommendations for Paragon Banking Group (LON:PAG)

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