Paragon Banking Group PLC (LON: PAG) given the average “Buy” rating by brokerage firms

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Paragon Banking Group PLC (LON: PAG) has received a consensus rating of “Buy” by the six brokerages that currently cover the stock, reports MarketBeat. Two analysts rated the stock with a conservation rating and four issued a buy rating on the company. The 1-year average price target among brokers who updated their stock coverage in the past year is GBX 579.60 ($ 7.79).

Several equity research analysts have published reports on the company. Shore Capital reissued a “custody” note on Paragon Banking Group shares in a research note on Tuesday, December 7. Peel Hunt reaffirmed a “buy” note and issued a target price GBX 660 ($ 8.87) on Paragon Banking Group shares in a research note on Tuesday, December 7. Finally, Liberum Capital reaffirmed a “buy” note and issued a GBX 630 ($ 8.47) price target on Paragon Banking Group shares in a research note on Tuesday, December 7th.

PAG stock opened at GBX 566.50 ($ 7.62) on Friday. The business has a fifty-day moving average of GBX 540.93 and a two hundred-day moving average of GBX 544.42. The company has a quick ratio of 1.58, a current ratio of 1.58, and a debt to equity ratio of 362.74. The stock has a market capitalization of £ 1.42 billion and a price-to-earnings ratio of 8.99. Paragon Banking Group has a 52-week minimum of GBX 432.60 ($ 5.82) and a 52-week maximum of GBX 578 ($ 7.77).

The company also recently unveiled a dividend, which will be paid on Friday, March 4. Shareholders of record on Thursday, January 27 will receive a GBX dividend of 18.90 ($ 0.25). The ex-dividend date for this dividend is Thursday, January 27. This is a boost from Paragon Banking Group’s previous dividend of $ 7.20. This represents a dividend yield of 3.45%. Paragon Banking Group’s payout ratio is currently 0.23%.

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Separately, insider Richard Woodman acquired 2,194 shares of the company in a transaction dated Wednesday, December 22. The share was acquired at an average price of 543 GBX ($ 7.30) per share, for a total value of £ 11,913.42 ($ 16,014.81).

Paragon Banking Group Company Profile

Paragon Banking Group PLC provides financial products and services in the UK. The company operates through three segments: mortgages, commercial loans and Idem Capital. The Mortgage segment offers first mortgages bought-for-rent and owner-occupied first and second mortgages on residential properties.

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Analyst Recommendations for Paragon Banking Group (LON: PAG)

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