Paragon Banking Group (LON:PAG) Insider Richard Woodman Purchases 1,914 Shares

Paragon Banking Group PLC (LON:PAG) insider Richard Woodman bought 1,914 shares of the firm’s stock in a transaction on Monday, September 29th. The stock was purchased at an average cost of GBX 857 per share, with a total value of £16,402.98.

Paragon Banking Group Stock Performance

LON:PAG traded up GBX 4.50 during trading hours on Monday, reaching GBX 864. The stock had a trading volume of 492,199 shares, compared to its average volume of 799,228. The stock has a market cap of £1.66 billion, a P/E ratio of 895.34, a price-to-earnings-growth ratio of 0.50 and a beta of 1.52. Paragon Banking Group PLC has a 12-month low of GBX 650.50 and a 12-month high of GBX 981. The stock has a 50 day simple moving average of GBX 899.14 and a 200 day simple moving average of GBX 869.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on PAG shares. Canaccord Genuity Group reissued a “buy” rating and set a GBX 1,001 price objective on shares of Paragon Banking Group in a research note on Monday, August 4th. Shore Capital lowered Paragon Banking Group to a “hold” rating and set a GBX 975 price objective for the company. in a research note on Tuesday, July 29th. Jefferies Financial Group lifted their price target on 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, Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 975 price target on shares of Paragon Banking Group in a research note on Wednesday, July 30th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Paragon Banking Group currently has an average rating of “Moderate Buy” and an average target price 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.