Pagegroup (PAGE) Stock Rating Reaffirmed by Barclays

Barclays reaffirmed their equal weight rating on shares of Pagegroup (LON:PAGE) in a report published on Monday, April 15th, ThisIsMoney.Co.Uk reports. They currently have a GBX 590 ($7.71) price objective on the stock.

Several other equities research analysts have also recently weighed in on PAGE. Credit Suisse Group restated an outperform rating on shares of Pagegroup in a research note on Thursday, April 11th. Liberum Capital reaffirmed a buy rating on shares of Pagegroup in a research report on Wednesday, April 10th. Royal Bank of Canada reaffirmed an outperform rating on shares of Pagegroup in a research report on Thursday, January 10th. Jefferies Financial Group cut their price target on Pagegroup from GBX 620 ($8.10) to GBX 610 ($7.97) and set a buy rating on the stock in a research report on Tuesday, January 15th. Finally, HSBC dropped their target price on Pagegroup from GBX 700 ($9.15) to GBX 675 ($8.82) and set a buy rating on the stock in a report on Monday, January 7th. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Pagegroup currently has an average rating of Buy and a consensus price target of GBX 592.27 ($7.74).

Pagegroup stock traded up GBX 0.50 ($0.01) during midday trading on Monday, hitting GBX 522.50 ($6.83). 335,570 shares of the stock were exchanged, compared to its average volume of 905,502. The stock has a market cap of $1.66 billion and a PE ratio of 16.13. Pagegroup has a 52-week low of GBX 424.20 ($5.54) and a 52-week high of GBX 627.50 ($8.20).

The business also recently disclosed a dividend, which will be paid on Monday, June 17th. Stockholders of record on Thursday, May 16th will be given a GBX 9 ($0.12) dividend. The ex-dividend date is Thursday, May 16th. This represents a dividend yield of 2.02%. Pagegroup’s dividend payout ratio is currently 0.40%.

In other Pagegroup news, insider Kelvin Stagg sold 19,129 shares of the company’s stock in a transaction dated Friday, March 15th. The stock was sold at an average price of GBX 480 ($6.27), for a total transaction of £91,819.20 ($119,978.05). Also, insider Stephen Ingham sold 128,988 shares of the stock in a transaction dated Monday, March 18th. The shares were sold at an average price of GBX 485 ($6.34), for a total value of £625,591.80 ($817,446.49).

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.

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Analyst Recommendations for Pagegroup (LON:PAGE)

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