Paragon Banking Group (LON:PAG - Free Report) had its price objective increased by Canaccord Genuity Group from GBX 958 ($13.07) to GBX 1,001 ($13.66) in a research note issued to investors on Thursday morning, Marketbeat reports. They currently have a buy rating on the stock.
Separately, Shore Capital reaffirmed a "buy" rating on shares of Paragon Banking Group in a research report on Wednesday, June 4th.
Read Our Latest Research Report on PAG
Paragon Banking Group Price Performance
Shares of PAG traded down GBX 7.50 ($0.10) during trading hours on Thursday, hitting GBX 922.50 ($12.59). The stock had a trading volume of 129,653 shares, compared to its average volume of 748,506. The firm has a market capitalization of £1.85 billion, a PE ratio of 9.96, a PEG ratio of 0.50 and a beta of 1.52. Paragon Banking Group has a 12 month low of GBX 650.50 ($8.88) and a 12 month high of GBX 970 ($13.24). The stock has a fifty day moving average price of GBX 897.20 and a 200 day moving average price of GBX 802.25.
Insiders Place Their Bets
In other Paragon Banking Group news, insider Nigel S. Terrington acquired 2,753 shares of the stock in a transaction dated Monday, June 30th. The shares were acquired at an average cost of GBX 941 ($12.84) per share, for a total transaction of £25,905.73 ($35,346.88). Also, insider Richard Woodman acquired 1,739 shares of the stock in a transaction dated Monday, June 30th. The stock was acquired at an average price of GBX 941 ($12.84) per share, for a total transaction of £16,363.99 ($22,327.73). 3.59% of the stock is currently owned by insiders.
About Paragon Banking Group
(
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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.
Further Reading
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