Morgan Stanley Raises Pagegroup (PAGE) Price Target to GBX 590

Pagegroup (LON:PAGE) had its price target increased by Morgan Stanley from GBX 458 ($5.97) to GBX 590 ($7.69) in a research report issued to clients and investors on Thursday. The brokerage currently has an “equal weight” rating on the stock. Morgan Stanley’s price objective would indicate a potential upside of 4.80% from the stock’s current price.

Other analysts also recently issued reports about the company. Jefferies Financial Group lifted their price objective on Pagegroup from GBX 410 ($5.34) to GBX 620 ($8.08) and gave the company a “hold” rating in a report on Monday, August 6th. Kepler Capital Markets downgraded Pagegroup to a “hold” rating and lifted their price objective for the company from GBX 560 ($7.29) to GBX 600 ($7.82) in a report on Thursday, July 12th. Numis Securities downgraded Pagegroup to an “add” rating and set a GBX 650 ($8.47) price objective for the company. in a report on Thursday, July 12th. Liberum Capital restated a “hold” rating on shares of Pagegroup in a report on Thursday, June 7th. Finally, UBS Group restated a “neutral” rating on shares of Pagegroup in a report on Wednesday, July 4th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the company. Pagegroup currently has a consensus rating of “Hold” and a consensus price target of GBX 563.62 ($7.34).

PAGE stock opened at GBX 563 ($7.33) on Thursday. Pagegroup has a 1-year low of GBX 414.50 ($5.40) and a 1-year high of GBX 566 ($7.37).

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.

See Also: Day Trading – Risk Worth the Reward?

Analyst Recommendations for Pagegroup (LON:PAGE)

Receive News & Ratings for Pagegroup Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pagegroup and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply