Pagegroup (LON:PAGE) had its price target boosted by equities research analysts at Investec from GBX 450 ($6.10) to GBX 480 ($6.51) in a research note issued to investors on Thursday. The brokerage currently has a “hold” rating on the stock. Investec’s price objective points to a potential downside of 8.22% from the stock’s current price.
Several other equities research analysts also recently issued reports on PAGE. Liberum Capital reaffirmed a “sell” rating and set a GBX 487 ($6.60) price target on shares of Pagegroup in a research note on Monday, October 2nd. Royal Bank of Canada lifted their price target 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 note on Tuesday, October 3rd. Deutsche Bank downgraded shares of Pagegroup to a “sell” rating and dropped their price target for the stock from GBX 430 ($5.83) to GBX 380 ($5.15) in a research note on Wednesday, December 6th. Credit Suisse Group downgraded shares of Pagegroup to an “underperform” rating and dropped their price target for the stock from GBX 500 ($6.78) to GBX 430 ($5.83) in a research note on Wednesday, January 3rd. Finally, Morgan Stanley downgraded shares of Pagegroup to an “underweight” rating in a research note on Friday, January 5th. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. Pagegroup currently has a consensus rating of “Hold” and a consensus target price of GBX 480.36 ($6.51).
Shares of Pagegroup (LON PAGE) opened at GBX 523 ($7.09) on Thursday. Pagegroup has a one year low of GBX 391.60 ($5.31) and a one year high of GBX 527 ($7.15). The stock has a market cap of $1,690.00 and a price-to-earnings ratio of 2,092.00.
Pagegroup Company Profile
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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