Premier Asset Management Group’s (PAM) “Add” Rating Reaffirmed at Numis Securities

Premier Asset Management Group (LON:PAM)‘s stock had its “add” rating reiterated by equities researchers at Numis Securities in a report released on Wednesday, January 10th. They currently have a GBX 262 ($3.67) price objective on the stock. Numis Securities’ price target points to a potential upside of 15.93% from the company’s current price.

Separately, Liberum Capital started coverage on shares of Premier Asset Management Group in a research note on Tuesday, September 26th. They issued a “buy” rating and a GBX 249 ($3.49) target price on the stock.

Shares of Premier Asset Management Group (LON PAM) opened at GBX 230.90 ($3.24) on Wednesday. Premier Asset Management Group has a fifty-two week low of GBX 125 ($1.75) and a fifty-two week high of GBX 270 ($3.79). The firm has a market capitalization of $245.31 and a PE ratio of 2,886.25.

In related news, insider Michael Patrick O’Shea sold 483,264 shares of the company’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of GBX 210 ($2.94), for a total transaction of £1,014,854.40 ($1,422,959.06).

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About Premier Asset Management Group

Premier Asset Management Group PLC is a retail asset management group with a focus on delivering investment outcomes for investors through relevant products and active management across its range of investment strategies, which include multi-asset, equity and absolute return funds. The Company offers a range of investment types, including mutual funds, closed-ended investment companies and a portfolio management service.

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