Paragon Group of Companies PLC (LON:PAG) had its price objective upped by Jefferies Group from GBX 400 ($4.96) to GBX 490 ($6.08) in a research report sent to investors on Friday. Jefferies Group currently has a buy rating on the stock.

Several other brokerages have also issued reports on PAG. Peel Hunt reiterated a buy rating and issued a GBX 500 ($6.20) price target on shares of Paragon Group of Companies PLC in a research note on Monday, October 3rd. Royal Bank Of Canada lifted their price target on shares of Paragon Group of Companies PLC from GBX 350 ($4.34) to GBX 370 ($4.59) and gave the company an outperform rating in a research note on Friday, September 23rd. Shore Capital reiterated a buy rating on shares of Paragon Group of Companies PLC in a research note on Tuesday, September 6th. Barclays PLC lifted their price target on shares of Paragon Group of Companies PLC from GBX 275 ($3.41) to GBX 320 ($3.97) and gave the company an equal weight rating in a research note on Tuesday, October 4th. Finally, JPMorgan Chase & Co. reiterated an underweight rating and issued a GBX 230 ($2.85) price target on shares of Paragon Group of Companies PLC in a research note on Monday, August 1st. Two research analysts have rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of GBX 361.60 ($4.49).

Analyst Recommendations for Paragon Group of Companies PLC (LON:PAG)

Shares of Paragon Group of Companies PLC (LON:PAG) opened at 365.40 on Friday. The company’s market cap is GBX 1.03 billion. Paragon Group of Companies PLC has a 1-year low of GBX 225.10 and a 1-year high of GBX 396.50. The company has a 50 day moving average of GBX 336.10 and a 200 day moving average of GBX 304.68.

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The firm also recently disclosed a dividend, which will be paid on Monday, February 13th. Shareholders of record on Thursday, January 5th will be issued a GBX 9.20 ($0.11) dividend. The ex-dividend date of this dividend is Thursday, January 5th. This represents a yield of 2.48%. This is an increase from Paragon Group of Companies PLC’s previous dividend of $4.30.

Paragon Group of Companies PLC Company Profile

The Paragon Group of Companies PLC is engaged in specialist 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. The Company’s operating divisions include Paragon Mortgages, Idem Capital and Paragon Bank.

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