Peel Hunt Sticks With Paragon Group of Companies The PLC (LON:PAG) As a Buy; They Now Have a TP Of GBX 500.00


Paragon Group of Companies The PLC (LON:PAG) Rating Reaffirmed

Peel Hunt now has a GBX 500.00 target price per share on the 1.16B GBP market cap company or 28.07% upside potential. In recent note issued to investors and clients on Monday, 7 December, Paragon Group of Companies The PLC (LON:PAG) shares have had their Buy Rating reaffirmed by equity research analysts at Peel Hunt.

From a total of 12 analysts covering Paragon Group of Companies The PLC (LON:PAG) stock, 10 rate it a ”Buy”, 1 a “Sell”, and 2 a ”Hold”. This means that 77% of the ratings are positive. The highest target price is GBX 536 while the lowest target price is GBX 390. The mean of all analyst targets is GBX 471.33 with a 20.33% above today’s (GBX 390.4) stock price. Paragon Group of Companies The PLC was the topic of 25 analyst reports since July 29, 2015 according to the firm StockzIntelligence Inc. Peel Hunt maintained shares on December 7 with “Buy” rating. Numis Securities upgraded shares to “Hold” rating and GBX 391 target share price in a report from a November 24. Liberum Capital maintained PAG stock in a recent report from November 26 with “Buy” rating. Panmure Gordon downgraded the rating on November 24. Panmure Gordon has a “Hold” rating and a GBX 400 price target on shares. Finally, Barclays Capital maintained the stock with “Overweight” rating in a report issued on a November 25.

The stock closed the day at GBX 390.4 during the previous session. It is down 11.25% since May 8, 2015 and is downtrending. It has underperformed by 10.17% the S&P500.

Peel Hunt Sticks With Paragon Group of Companies The PLC (LON:PAG) As a Buy; They Now Have a TP Of GBX 500.00

The Paragon Group of Companies PLC is a United Kingdom specialist lender of buy-to-let mortgages to professional landlords and residential property investors, as well as an active acquirer of loan assets and portfolios, and a loan servicing well-known provider for third party clients. The company has a market cap of 1.16 billion GBP. The Firm operates in three business divisions: Paragon Mortgages, Idem Capital and Paragon Bank. It has 11.21 P/E ratio. Paragon Mortgages includes revenue, in the form of interest and ancillary income, from the Company’s first mortgage operations, other than the buy-to-let lending of Paragon Bank, and from assets remaining in other, legacy and portfolios.

According to Zacks Investment Research, “United Auto Group, Inc. is a leading acquirer, consolidator and operator of franchised automobile and light truck dealerships and related businesses. As an integral part of its dealership operations, they also sells used vehicles. All of the franchised dealerships include integrated service and parts operations, which are an important source of recurring revenues. In addition, these dealerships market a complete line of aftermarket automotive products and services through its wholly owned subsidiaries United Auto Care, Inc. and United Auto Care Products, Inc.” Get a free copy of the Zacks research report on Paragon Group of Companies PLC (PAG).