Brokerages Set Paragon Banking Group PLC (PAG) Price Target at $528.29

Paragon Banking Group PLC (LON:PAG) has received an average recommendation of “Buy” from the eleven ratings firms that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is GBX 528.29 ($6.90).

PAG has been the topic of several analyst reports. UBS Group reaffirmed a “buy” rating on shares of Paragon Banking Group in a report on Monday, July 23rd. Shore Capital reaffirmed a “buy” rating on shares of Paragon Banking Group in a report on Monday, July 23rd. Peel Hunt reaffirmed a “buy” rating on shares of Paragon Banking Group in a report on Monday, July 23rd. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 641 ($8.38) price target on shares of Paragon Banking Group in a report on Tuesday, September 18th. Finally, Numis Securities lowered shares of Paragon Banking Group to a “hold” rating and set a GBX 452 ($5.91) price target on the stock. in a report on Monday, July 23rd.

PAG stock traded down GBX 36.40 ($0.48) during trading on Monday, hitting GBX 400 ($5.23). 489,886 shares of the company’s stock traded hands, compared to its average volume of 729,645. Paragon Banking Group has a 1 year low of GBX 400.30 ($5.23) and a 1 year high of GBX 555.99 ($7.26).

In other news, insider Alan Fletcher sold 10,000 shares of Paragon Banking Group stock in a transaction on Wednesday, August 22nd. The shares were sold at an average price of GBX 492 ($6.43), for a total transaction of £49,200 ($64,288.51).

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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