Paragon Banking Group PLC (LON:PAG - Get Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as GBX 920.50 ($12.45) and last traded at GBX 906 ($12.26), with a volume of 5069 shares trading hands. The stock had previously closed at GBX 913 ($12.35).
Wall Street Analyst Weigh In
Several equities research analysts have recently weighed in on PAG shares. Shore Capital reissued a "buy" rating on shares of Paragon Banking Group in a research report on Wednesday. Canaccord Genuity Group raised their target price on Paragon Banking Group from GBX 844 ($11.42) to GBX 958 ($12.96) and gave the stock a "buy" rating in a research report on Wednesday, May 21st.
Get Our Latest Research Report on Paragon Banking Group
Paragon Banking Group Stock Up 2.1%
The stock has a market capitalization of £1.78 billion, a P/E ratio of 9.61, a PEG ratio of 0.50 and a beta of 1.52. The firm has a 50-day moving average of GBX 834.46 and a 200 day moving average of GBX 778.80.
Insider Buying and Selling at Paragon Banking Group
In other news, insider Richard Woodman sold 21,497 shares of the firm's stock in a transaction on Friday, March 28th. The stock was sold at an average price of GBX 778 ($10.52), for a total value of £167,246.66 ($226,253.60). Also, insider Peter Hill acquired 159 shares of the stock in a transaction that occurred on Monday, March 17th. The stock was purchased at an average price of GBX 740 ($10.01) per share, with a total value of £1,176.60 ($1,591.72). Over the last three months, insiders purchased 2,810 shares of company stock valued at $2,082,024. 3.59% of the stock is currently owned by company 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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