Paragon Banking Group (LON:PAG) Insider Purchases £25,967.10 in Stock

Paragon Banking Group PLC (LON:PAG) insider Nigel Terrington bought 3,030 shares of the stock in a transaction that occurred on Monday, September 29th. The shares were purchased at an average price of GBX 857 per share, for a total transaction of £25,967.10.

Paragon Banking Group Stock Performance

PAG opened at GBX 852.43 on Thursday. Paragon Banking Group PLC has a fifty-two week low of GBX 650.50 and a fifty-two week high of GBX 981. The firm’s fifty day moving average is GBX 893.12 and its 200 day moving average is GBX 869.74. The stock has a market cap of £1.63 billion, a price-to-earnings ratio of 883.35, a price-to-earnings-growth ratio of 0.50 and a beta of 1.52.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Royal Bank Of Canada restated an “outperform” rating and set a GBX 975 target price on shares of Paragon Banking Group in a research note on Wednesday, July 30th. Shore Capital cut shares of Paragon Banking Group to a “hold” rating and set a GBX 975 price target on the stock. in a research note on Tuesday, July 29th. Jefferies Financial Group boosted their price target on shares of Paragon Banking Group from GBX 930 to GBX 1,015 and gave the stock a “hold” rating in a research note on Tuesday, August 26th. Finally, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 1,001 price target on shares of Paragon Banking Group in a research note on Monday, August 4th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Paragon Banking Group presently has an average rating of “Moderate Buy” and an average price target of GBX 991.50.

Paragon Banking Group Company Profile

Paragon is a specialist banking group. It offers a range of savings accounts and provide finance for landlords and small
and medium-sized businesses (‘SMEs’) and residential property developers in the UK. Founded in 1985 and listed on the
London Stock Exchange, it is a FTSE-250 company. Headquartered in Solihull, it employs more than 1,400 people.