Paragon Banking Group PLC (PAG) Receives GBX 557.25 Consensus Target Price from Analysts

Paragon Banking Group PLC (LON:PAG) has earned an average rating of “Buy” from the seven ratings firms that are currently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is GBX 557.25 ($7.28).

Several equities analysts recently commented on the company. Peel Hunt reiterated a “buy” rating on shares of Paragon Banking Group in a research note on Monday, January 28th. Shore Capital reiterated a “buy” rating on shares of Paragon Banking Group in a research note on Monday, January 28th. UBS Group reiterated a “buy” rating on shares of Paragon Banking Group in a research note on Friday, January 25th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 667 ($8.72) price objective on shares of Paragon Banking Group in a research note on Monday, March 25th.

Paragon Banking Group stock opened at GBX 460.40 ($6.02) on Monday. Paragon Banking Group has a 12 month low of GBX 379.20 ($4.95) and a 12 month high of GBX 558.50 ($7.30). The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 726.88. The company has a market capitalization of $1.19 billion and a P/E ratio of 8.49.

In other Paragon Banking Group news, insider Hugo Tudor sold 50,000 shares of the stock in a transaction on Wednesday, February 27th. The stock was sold at an average price of GBX 429 ($5.61), for a total transaction of £214,500 ($280,282.24). Also, insider Barbara Ridpath bought 2,358 shares of the company’s stock in a transaction on Monday, February 18th. The shares were bought at an average price of GBX 422 ($5.51) per share, for a total transaction of £9,950.76 ($13,002.43).

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.

Further Reading: Leveraged Buyout (LBO)

Analyst Recommendations for Paragon Banking Group (LON:PAG)

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