Liberum Capital Reiterates “Buy” Rating for Premier Asset Management Group (PAM)

Premier Asset Management Group (LON:PAM)‘s stock had its “buy” rating reiterated by stock analysts at Liberum Capital in a research note issued to investors on Wednesday. They currently have a GBX 279 ($3.78) price target on the stock. Liberum Capital’s price objective indicates a potential upside of 7.81% from the company’s current price.

Separately, Numis Securities upped their price target on Premier Asset Management Group from GBX 225 ($3.05) to GBX 262 ($3.55) and gave the company an “add” rating in a report on Wednesday, January 3rd.

Premier Asset Management Group (LON PAM) opened at GBX 258.80 ($3.51) on Wednesday. The stock has a market capitalization of $292.53 and a P/E ratio of 3,235.00. Premier Asset Management Group has a fifty-two week low of GBX 125 ($1.70) and a fifty-two week high of GBX 260 ($3.53).

In related news, insider Michael Patrick O’Shea sold 483,264 shares of the company’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of GBX 210 ($2.85), for a total value of £1,014,854.40 ($1,376,260.37).

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About Premier Asset Management Group

Premier Asset Management Group PLC is a retail asset management group with a focus on delivering investment outcomes for investors through relevant products and active management across its range of investment strategies, which include multi-asset, equity and absolute return funds. The Company offers a range of investment types, including mutual funds, closed-ended investment companies and a portfolio management service.

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