Peel Hunt Reiterates Add Rating for Paragon Banking Group (PAG)

Peel Hunt reiterated their add rating on shares of Paragon Banking Group (LON:PAG) in a research note issued to investors on Tuesday.

Several other brokerages have also commented on PAG. Shore Capital reaffirmed a buy rating and issued a GBX 515 ($6.99) price target on shares of Paragon Banking Group in a research note on Friday, April 20th. Numis Securities reaffirmed an under review rating on shares of Paragon Banking Group in a research note on Tuesday, January 23rd. Liberum Capital reaffirmed a buy rating and issued a GBX 490 ($6.65) price target on shares of Paragon Banking Group in a research note on Friday, January 12th. Barclays reaffirmed an equal weight rating and issued a GBX 490 ($6.65) price target on shares of Paragon Banking Group in a research note on Wednesday, January 24th. Finally, Canaccord Genuity raised Paragon Banking Group to a buy rating and upped their price target for the company from GBX 500 ($6.78) to GBX 550 ($7.46) in a research note on Monday, February 12th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus price target of GBX 498.11 ($6.76).

Shares of LON:PAG opened at GBX 548.50 ($7.44) on Tuesday. Paragon Banking Group has a 52-week low of GBX 400.30 ($5.43) and a 52-week high of GBX 555.99 ($7.54).

In related news, insider Nigel S. Terrington sold 4,080 shares of the stock in a transaction dated Thursday, April 5th. The stock was sold at an average price of GBX 477 ($6.47), for a total transaction of £19,461.60 ($26,399.35). Also, insider Robert Dench sold 30,000 shares of the stock in a transaction dated Tuesday, March 13th. The stock was sold at an average price of GBX 505 ($6.85), for a total value of £151,500 ($205,507.33).

Paragon Banking Group Company Profile

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.

Analyst Recommendations for Paragon Banking Group (LON:PAG)

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