Paragon Banking Group (PAG) Rating Reiterated by Shore Capital

Paragon Banking Group (LON:PAG)‘s stock had its “buy” rating restated by equities research analysts at Shore Capital in a report released on Monday.

A number of other research firms have also recently commented on PAG. Liberum Capital reaffirmed a “buy” rating and set a GBX 490 ($6.59) target price on shares of Paragon Banking Group in a research note on Friday, December 8th. J P Morgan Chase & Co reaffirmed an “underweight” rating and set a GBX 415 ($5.59) target price on shares of Paragon Banking Group in a research note on Wednesday, November 29th. Numis Securities reaffirmed a “hold” rating and set a GBX 375 ($5.05) target price on shares of Paragon Banking Group in a research note on Thursday, November 23rd. Peel Hunt reaffirmed an “add” rating and set a GBX 510 ($6.86) target price on shares of Paragon Banking Group in a research note on Thursday, November 23rd. Finally, Canaccord Genuity reaffirmed a “hold” rating and set a GBX 500 ($6.73) target price on shares of Paragon Banking Group in a research note on Thursday, November 23rd. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of GBX 460.56 ($6.20).

Paragon Banking Group (PAG) opened at GBX 491.60 ($6.62) on Monday. Paragon Banking Group has a 1 year low of GBX 380 ($5.11) and a 1 year high of GBX 555.99 ($7.48).

In other Paragon Banking Group news, insider John Heron sold 69,525 shares of the company’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of GBX 478 ($6.43), for a total transaction of £332,329.50 ($447,280.62). Also, insider Hugo Tudor sold 200,000 shares of the company’s stock in a transaction on Thursday, November 23rd. The stock was sold at an average price of GBX 105 ($1.41), for a total value of £210,000 ($282,637.95).

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About Paragon Banking Group

Paragon Banking Group PLC, formerly The Paragon Group of Companies PLC, is engaged in financial services business. The Company operates as an independent buy-to-let lender, and as a debt purchaser through its Idem Capital division, where it purchases, co-manages and services secured and unsecured consumer loan portfolios.

Analyst Recommendations for Paragon Banking Group (LON:PAG)

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