PageGroup (LON:PAGE) Receives Hold Rating from Jefferies Financial Group

PageGroup (LON:PAGE)‘s stock had its “hold” rating reissued by research analysts at Jefferies Financial Group in a report released on Thursday,London Stock Exchange reports. They presently have a GBX 125 target price on the stock. Jefferies Financial Group’s target price points to a potential upside of 6.20% from the stock’s previous close.

Other analysts have also issued research reports about the company. Citigroup lowered their target price on PageGroup from GBX 440 to GBX 300 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 260 price objective on shares of PageGroup in a research report on Wednesday, April 15th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 228.33.

PageGroup Price Performance

PageGroup stock traded up GBX 2.50 during mid-day trading on Thursday, reaching GBX 117.70. The company had a trading volume of 214,280 shares, compared to its average volume of 9,045,026. The stock’s 50-day simple moving average is GBX 134.69 and its 200-day simple moving average is GBX 187.85. PageGroup has a 1 year low of GBX 111.90 and a 1 year high of GBX 290. The company has a debt-to-equity ratio of 61.62, a current ratio of 1.47 and a quick ratio of 1.77. The company has a market capitalization of £366.48 million, a P/E ratio of 40.59, a P/E/G ratio of 0.98 and a beta of 0.96.

PageGroup (LON:PAGE) last announced its quarterly earnings results on Thursday, March 5th. The company reported GBX 2.90 EPS for the quarter. PageGroup had a return on equity of 4.18% and a net margin of 0.56%. On average, equities analysts predict that PageGroup will post 23.5923567 EPS for the current year.

Insider Buying and Selling

In related news, insider Nick Kirk sold 55,575 shares of the company’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of GBX 146, for a total value of £81,139.50. Also, insider Ben Stevens bought 71,583 shares of the stock in a transaction on Thursday, March 5th. The shares were bought at an average price of GBX 140 per share, for a total transaction of £100,216.20. Insiders sold 117,579 shares of company stock worth $17,142,756 in the last ninety days. Insiders own 1.10% of the company’s stock.

PageGroup Company Profile

PageGroup Changes Lives…

That’s our PageGroup Purpose, delivered by c.7,300 people in 36 countries, with a gross profit of over £842.6m in 2024. Our four core  PageGroup brands are supported by specialised recruitment teams operating across 25 disciplines.

As a FTSE 250 company, a lot has changed since we were set up in 1976 and the Group continues to grow and evolve. What hasn’t changed is our commitment to the success of our clients and candidates, and our own people.

PageGroup’s strategy is geared for the long-term.