Morgan Stanley Downgrades Pagegroup (PAGE) to Underweight

Pagegroup (LON:PAGE) was downgraded by analysts at Morgan Stanley to an “underweight” rating in a research note issued to investors on Friday, January 5th.

PAGE has been the topic of a number of other research reports. Liberum Capital reaffirmed a “hold” rating and set a GBX 505 ($6.85) price target on shares of Pagegroup in a research report on Wednesday, October 11th. Credit Suisse Group cut Pagegroup to an “underperform” rating and dropped their price target for the company from GBX 500 ($6.78) to GBX 430 ($5.83) in a research report on Wednesday, January 3rd. Deutsche Bank cut Pagegroup to a “sell” rating and dropped their price target for the company from GBX 430 ($5.83) to GBX 380 ($5.15) in a research report on Wednesday, December 6th. Finally, Royal Bank of Canada upped their price target on Pagegroup from GBX 430 ($5.83) to GBX 490 ($6.64) and gave the company a “sector performer” rating in a research report on Tuesday, October 3rd. Four investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the stock. Pagegroup currently has a consensus rating of “Hold” and an average price target of GBX 481.07 ($6.52).

Shares of Pagegroup (LON PAGE) traded up GBX 8.50 ($0.12) during midday trading on Friday, hitting GBX 544 ($7.38). The stock had a trading volume of 1,388,101 shares, compared to its average volume of 685,084. Pagegroup has a 1 year low of GBX 398.60 ($5.41) and a 1 year high of GBX 540 ($7.32). The stock has a market cap of $1,750.00 and a PE ratio of 2,176.00.

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Pagegroup Company Profile

PageGroup plc, formerly Michael Page International plc, is engaged in the recruitment consultancy and other ancillary services. The Company’s segments include EMEA, United Kingdom, Asia Pacific and Americas. The Company is organized into approximately three brands operating at various levels of the market: Michael Page, Page Personnel and Page Executive.

Analyst Recommendations for Pagegroup (LON:PAGE)

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