PageGroup (LON:PAGE) Trading Up 1.4% - Here's Why

Key Points

• PageGroup's stock saw a gain of 1.4%, trading at around GBX 257.32 ($3.46) with a significant increase in trading volume of 59% compared to the average.
• Deutsche Bank maintains a "buy" rating on PageGroup with a price target of GBX 450, contributing to the consensus rating of "Buy" among analysts.
• The company has a market capitalization of £806.33 million and financial metrics indicating stable operations, including a debt-to-equity ratio of 40.35.

PageGroup plc (LON:PAGE - Get Free Report) was up 1.4% during mid-day trading on Monday . The company traded as high as GBX 258 ($3.47) and last traded at GBX 257.32 ($3.46). Approximately 1,778,871 shares traded hands during trading, an increase of 59% from the average daily volume of 1,116,425 shares. The stock had previously closed at GBX 253.80 ($3.41).

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 450 price target on shares of PageGroup in a report on Friday, July 11th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of GBX 450.

PageGroup Trading Up 1.4%

The company has a debt-to-equity ratio of 40.35, a current ratio of 1.60 and a quick ratio of 1.77. The firm has a market capitalization of £806.33 million, a PE ratio of 15.93, a P/E/G ratio of 0.98 and a beta of 1.11. The company's fifty day simple moving average is GBX 264.64 and its 200-day simple moving average is GBX 281.58.

About PageGroup

PageGroup Changes Lives… That's our PageGroup Purpose, delivered by c.7,300 people in 36 countries, with a gross profit of over £842.6m in 2024. Our four core  PageGroup brands are supported by specialised recruitment teams operating across 25 disciplines. As a FTSE 250 company, a lot has changed since we were set up in 1976 and the Group continues to grow and evolve.

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