Paragon Banking Group PLC (LON:PAG) Given Average Recommendation of “Buy” by Analysts

Shares of Paragon Banking Group PLC (LON:PAG) have earned an average rating of “Buy” from the six ratings firms that are currently covering the company, Marketbeat reports. Six analysts have rated the stock with a buy recommendation. The average 12 month target price among brokers that have covered the stock in the last year is GBX 1,040.17.

A number of equities research analysts have recently issued reports on PAG shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 1,100 target price on shares of Paragon Banking Group in a research report on Wednesday, June 3rd. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 1,050 price objective on shares of Paragon Banking Group in a research note on Wednesday, June 3rd. UBS Group reissued a “buy” rating and issued a GBX 1,035 price objective on shares of Paragon Banking Group in a report on Friday, May 29th. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 1,000 target price on shares of Paragon Banking Group in a research report on Tuesday, June 2nd.

Paragon Banking Group Stock Performance

LON:PAG opened at GBX 773.50 on Friday. The stock has a market cap of £1.43 billion, a P/E ratio of 8.59, a PEG ratio of 0.50 and a beta of 1.19. The stock has a 50 day simple moving average of GBX 752.13 and a 200 day simple moving average of GBX 803.18. The company has a current ratio of 16.10, a quick ratio of 1.48 and a debt-to-equity ratio of 163.38. Paragon Banking Group has a 1-year low of GBX 681.50 and a 1-year high of GBX 981.

Paragon Banking Group (LON:PAG) last issued its quarterly earnings data on Tuesday, June 2nd. The company reported GBX 52.10 EPS for the quarter. The firm had revenue of £259.20 million for the quarter. Paragon Banking Group had a return on equity of 11.98% and a net margin of 14.98%. Research analysts anticipate that Paragon Banking Group will post 104.0245566 earnings per share for the current year.

About Paragon Banking Group

Paragon is a specialist banking group. It offers a range of savings accounts and provide finance for landlords and small
and medium-sized businesses (‘SMEs’) and residential property developers in the UK. Founded in 1985 and listed on the
London Stock Exchange, it is a FTSE-250 company. Headquartered in Solihull, it employs more than 1,400 people.
Its operations are organised into two lending divisions and lending is funded largely by retail deposits.