Shares of Paragon Banking Group PLC (LON:PAG - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 852.47 ($11.51) and traded as high as GBX 887.50 ($11.99). Paragon Banking Group shares last traded at GBX 861 ($11.63), with a volume of 345,459 shares.
Analysts Set New Price Targets
A number of equities analysts recently commented on the stock. Royal Bank Of Canada reaffirmed an "outperform" rating and set a GBX 975 price target on shares of Paragon Banking Group in a research note on Wednesday, July 30th. Jefferies Financial Group lifted their price objective on shares of Paragon Banking Group from GBX 930 to GBX 1,015 and gave the company a "hold" rating in a report on Tuesday, August 26th. Shore Capital lowered shares of Paragon Banking Group to a "hold" rating and set a GBX 975 price target for the company. in a report on Tuesday, July 29th. Finally, Canaccord Genuity Group restated a "buy" rating and issued a GBX 1,001 price target on shares of Paragon Banking Group in a report on Monday, August 4th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of GBX 991.50.
Read Our Latest Analysis on Paragon Banking Group
Paragon Banking Group Trading Down 1.6%
The company has a market cap of £1.67 billion, a PE ratio of 894.96, a P/E/G ratio of 0.50 and a beta of 1.52. The firm's 50-day simple moving average is GBX 919 and its two-hundred day simple moving average is GBX 853.71.
Insider Buying and Selling at Paragon Banking Group
In other Paragon Banking Group news, insider Hugo Tudor sold 5,000 shares of the company's stock in a transaction that occurred on Friday, July 18th. The shares were sold at an average price of GBX 950, for a total transaction of £47,500. Also, insider Nigel S. Terrington purchased 2,753 shares of the business's stock in a transaction on Monday, June 30th. The shares were bought at an average price of GBX 941 per share, for a total transaction of £25,905.73. 1.97% 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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