Paragon Banking Group PLC (LON:PAG - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 807.48 ($10.97) and traded as high as GBX 953 ($12.95). Paragon Banking Group shares last traded at GBX 950 ($12.91), with a volume of 218,689 shares.
Analysts Set New Price Targets
A number of research firms have issued reports on PAG. Shore Capital reissued a "buy" rating on shares of Paragon Banking Group in a research note on Wednesday, June 4th. Canaccord Genuity Group boosted their price objective on Paragon Banking Group from GBX 958 ($13.01) to GBX 1,001 ($13.60) and gave the company a "buy" rating in a research report on Thursday, July 3rd.
View Our Latest Stock Report on Paragon Banking Group
Paragon Banking Group Stock Performance
The firm has a market capitalization of £1.89 billion, a P/E ratio of 10.21, a PEG ratio of 0.50 and a beta of 1.52. The firm's 50-day moving average is GBX 905.14 and its 200 day moving average is GBX 807.48.
Insider Activity
In other news, insider Richard Woodman acquired 1,739 shares of Paragon Banking Group stock in a transaction dated Monday, June 30th. The stock was bought at an average cost of GBX 941 ($12.78) per share, with a total value of £16,363.99 ($22,230.66). Also, insider Nigel S. Terrington acquired 2,753 shares of the firm's stock in a transaction that occurred on Monday, June 30th. The shares were purchased at an average price of GBX 941 ($12.78) per share, with a total value of £25,905.73 ($35,193.22). Company insiders own 3.59% of the company's stock.
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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