Paragon Banking Group (LON:PAG)‘s stock had its “buy” rating restated by equities researchers at Peel Hunt in a report issued on Wednesday, May 22nd, ThisIsMoney.Co.Uk reports.
A number of other analysts have also recently weighed in on PAG. Shore Capital reaffirmed a “buy” rating on shares of Paragon Banking Group in a research report on Monday, January 28th. Numis Securities raised Paragon Banking Group to a “hold” rating in a report on Thursday, May 16th. UBS Group reissued a “buy” rating on shares of Paragon Banking Group in a report on Friday, January 25th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a GBX 667 ($8.72) price target on shares of Paragon Banking Group in a report on Monday, March 25th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Paragon Banking Group has a consensus rating of “Buy” and an average target price of GBX 547 ($7.15).
LON:PAG traded down GBX 2.60 ($0.03) during mid-day trading on Wednesday, reaching GBX 439.80 ($5.75). 293,883 shares of the stock were exchanged, compared to its average volume of 729,645. Paragon Banking Group has a 1 year low of GBX 379.20 ($4.95) and a 1 year high of GBX 527 ($6.89). The company has a quick ratio of 2.41, a current ratio of 2.41 and a debt-to-equity ratio of 692.41. The company has a market capitalization of $1.14 billion and a PE ratio of 8.25.
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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