Pagegroup PLC (LON:PAGE) Receives GBX 594.44 Average PT from Analysts

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Pagegroup PLC (LON:PAGE) has been assigned an average recommendation of “Buy” from the eleven research firms that are currently covering the stock, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is GBX 594.44 ($7.77).

A number of research analysts have issued reports on PAGE shares. Jefferies Financial Group decreased their target price on Pagegroup from GBX 610 ($7.97) to GBX 590 ($7.71) and set a “buy” rating for the company in a research note on Tuesday, April 9th. Liberum Capital reissued a “buy” rating and issued a GBX 590 ($7.71) target price on shares of Pagegroup in a research note on Wednesday, March 6th. Royal Bank of Canada decreased their target price on Pagegroup from GBX 670 ($8.75) to GBX 620 ($8.10) and set an “outperform” rating for the company in a research note on Monday, March 11th. Kepler Capital Markets decreased their target price on Pagegroup from GBX 600 ($7.84) to GBX 480 ($6.27) and set a “hold” rating for the company in a research note on Monday, March 11th. Finally, UBS Group reissued a “neutral” rating and issued a GBX 495 ($6.47) target price on shares of Pagegroup in a research note on Wednesday, April 10th.

In other news, insider Stephen Ingham sold 128,988 shares of the company’s stock in a transaction dated Monday, March 18th. The stock was sold at an average price of GBX 485 ($6.34), for a total transaction of £625,591.80 ($817,446.49).

LON:PAGE traded down GBX 3.50 ($0.05) on Tuesday, reaching GBX 510.50 ($6.67). The company’s stock had a trading volume of 410,043 shares, compared to its average volume of 905,502. Pagegroup has a 1-year low of GBX 424.20 ($5.54) and a 1-year high of GBX 627.50 ($8.20). The stock has a market cap of $1.62 billion and a price-to-earnings ratio of 15.76.

Pagegroup Company Profile

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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