Pagegroup (PAGE) Price Target Increased to GBX 600 by Analysts at Numis Securities

Pagegroup (LON:PAGE) had its price target increased by Numis Securities from GBX 540 ($7.32) to GBX 600 ($8.14) in a note issued to investors on Thursday. The brokerage currently has an “add” rating on the stock. Numis Securities’ target price would indicate a potential upside of 14.07% from the company’s previous close.

Several other research analysts have also recently commented on the stock. Deutsche Bank cut shares of Pagegroup to a “sell” rating and lowered their price target for the stock from GBX 430 ($5.83) to GBX 380 ($5.15) in a report on Wednesday, December 6th. Liberum Capital restated a “sell” rating and set a GBX 487 ($6.60) price objective on shares of Pagegroup in a research report on Monday, October 2nd. Credit Suisse Group downgraded shares of Pagegroup to an “underperform” rating and reduced their price objective for the stock from GBX 500 ($6.78) to GBX 430 ($5.83) in a research report on Wednesday, January 3rd. Royal Bank of Canada boosted their price objective on shares of Pagegroup from GBX 430 ($5.83) to GBX 490 ($6.64) and gave the stock a “sector performer” rating in a research report on Tuesday, October 3rd. Finally, Morgan Stanley downgraded shares of Pagegroup to an “underweight” rating in a research report on Friday, January 5th. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 480.38 ($6.51).

Pagegroup (PAGE) opened at GBX 526 ($7.13) on Thursday. Pagegroup has a twelve month low of GBX 391.60 ($5.31) and a twelve month high of GBX 527 ($7.15). The company has a market cap of $1,690.00 and a P/E ratio of 2,104.00.

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About Pagegroup

PageGroup plc, formerly Michael Page International plc, is engaged in the recruitment consultancy and other ancillary services. The Company’s segments include EMEA, United Kingdom, Asia Pacific and Americas. The Company is organized into approximately three brands operating at various levels of the market: Michael Page, Page Personnel and Page Executive.

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