Paragon Banking Group PLC (PAG) Receives Consensus Rating of “Hold” from Brokerages

Paragon Banking Group PLC (LON:PAG) has received a consensus recommendation of “Hold” from the eleven brokerages that are presently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 437 ($5.77).

Several equities analysts have recently weighed in on PAG shares. Shore Capital reiterated a “buy” rating on shares of Paragon Banking Group PLC in a report on Wednesday, July 26th. Numis Securities Ltd reiterated a “reduce” rating and set a GBX 375 ($4.95) price objective on shares of Paragon Banking Group PLC in a report on Wednesday, July 26th. Finally, Peel Hunt reiterated a “buy” rating and set a GBX 510 ($6.73) price objective on shares of Paragon Banking Group PLC in a report on Thursday, September 21st.

In other Paragon Banking Group PLC news, insider Hugo Tudor sold 250,000 shares of the company’s stock in a transaction dated Monday, August 14th. The shares were sold at an average price of GBX 105 ($1.39), for a total value of £262,500 ($346,397.47).

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About Paragon Banking Group PLC

Paragon Banking Group PLC, formerly The Paragon Group of Companies PLC, is engaged in financial services business. The Company operates as an independent buy-to-let lender, and as a debt purchaser through its Idem Capital division, where it purchases, co-manages and services secured and unsecured consumer loan portfolios.

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