Liberum Capital Raises Pagegroup (LON:PAGE) Price Target to GBX 515

Pagegroup (LON:PAGE) had its target price hoisted by Liberum Capital from GBX 470 ($6.14) to GBX 515 ($6.73) in a research note published on Friday morning, Stock Target Advisor reports. They currently have a buy rating on the stock.

A number of other analysts have also issued reports on the stock. Credit Suisse Group cut their price target on shares of Pagegroup from GBX 575 ($7.51) to GBX 450 ($5.88) and set an outperform rating on the stock in a research note on Monday, October 14th. HSBC lowered their price objective on shares of Pagegroup from GBX 635 ($8.30) to GBX 500 ($6.53) and set a buy rating for the company in a research note on Monday, October 21st. UBS Group dropped their price objective on shares of Pagegroup from GBX 495 ($6.47) to GBX 440 ($5.75) and set a neutral rating for the company in a report on Tuesday, September 3rd. Finally, Barclays reaffirmed an equal weight rating on shares of Pagegroup in a research note on Wednesday, November 13th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus price target of GBX 513.13 ($6.70).

Pagegroup stock traded up GBX 4.40 ($0.06) during midday trading on Friday, reaching GBX 487.60 ($6.37). 487,964 shares of the stock traded hands, compared to its average volume of 905,502. The company has a 50-day simple moving average of GBX 459.05 and a two-hundred day simple moving average of GBX 463.81. Pagegroup has a 12-month low of GBX 354.50 ($4.63) and a 12-month high of GBX 540.50 ($7.06). The firm has a market cap of $1.60 billion and a PE ratio of 14.43. The company has a current ratio of 1.96, a quick ratio of 1.88 and a debt-to-equity ratio of 39.44.

In other Pagegroup news, insider Kelvin Stagg sold 3,684 shares of the company’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of GBX 464 ($6.06), for a total transaction of £17,093.76 ($22,336.03).

About Pagegroup

PageGroup plc, together with its subsidiaries, provides recruitment consultancy and support services in Latin America and Asia. It offers recruitment services for executive, professional, clerical, and general staffing on a permanent, temporary, contract, and interim basis. The company provides its services under the Page Executive, Michael Page, Page Personnel, Page Outsourcing, Page Assessment, Page Consulting, and Page Talent brands.

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