Paragon Banking Group (LON:PAG - Get Free Report)'s stock had its "buy" rating restated by stock analysts at Shore Capital in a research note issued to investors on Wednesday, Marketbeat reports.
Separately, Canaccord Genuity Group lifted their price objective on Paragon Banking Group from GBX 844 ($11.46) to GBX 958 ($13.01) and gave the company a "buy" rating in a report on Wednesday, May 21st.
Check Out Our Latest Report on PAG
Paragon Banking Group Trading Down 4.1%
Shares of PAG stock traded down GBX 37.50 ($0.51) on Wednesday, hitting GBX 871.50 ($11.83). The stock had a trading volume of 594,633 shares, compared to its average volume of 821,155. Paragon Banking Group has a twelve month low of GBX 650.50 ($8.83) and a twelve month high of GBX 970 ($13.17). The firm has a market cap of £1.74 billion, a P/E ratio of 9.41, a PEG ratio of 0.50 and a beta of 1.52. The company has a fifty day moving average price of GBX 828.99 and a two-hundred day moving average price of GBX 777.01.
Insider Activity at Paragon Banking Group
In related news, insider Richard Woodman sold 21,497 shares of the business's stock in a transaction on Friday, March 28th. The shares were sold at an average price of GBX 778 ($10.56), for a total value of £167,246.66 ($227,113.88). Also, insider Graeme Yorston acquired 458 shares of the business's stock in a transaction that occurred on Tuesday, March 11th. The stock was bought at an average cost of GBX 717 ($9.74) per share, for a total transaction of £3,283.86 ($4,459.34). In the last ninety days, insiders have purchased 2,810 shares of company stock valued at $2,082,024. 3.59% of the stock is owned by corporate insiders.
Paragon Banking Group Company Profile
(
Get Free Report)
Paragon is a specialist banking group. It offers a range of savings accounts and provide finance for landlords and small
and medium-sized businesses (‘SMEs') and residential property developers in the UK. Founded in 1985 and listed on the
London Stock Exchange, it is a FTSE-250 company. Headquartered in Solihull, it employs more than 1,400 people.
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