Paragon Banking Group (LON:PAG) Receives “Buy” Rating from Shore Capital

Paragon Banking Group (LON:PAG)‘s stock had its “buy” rating reissued by equities researchers at Shore Capital in a research report issued on Wednesday, MarketBeat Ratings reports.

Paragon Banking Group Stock Performance

Shares of PAG opened at GBX 787.50 ($10.05) on Wednesday. The stock has a market cap of £1.60 billion, a P/E ratio of 1,193.18, a P/E/G ratio of 0.50 and a beta of 1.52. Paragon Banking Group has a one year low of GBX 511.64 ($6.53) and a one year high of GBX 868 ($11.08). The company has a debt-to-equity ratio of 168.79, a quick ratio of 1.48 and a current ratio of 1.21. The stock has a 50-day moving average of GBX 739.50 and a two-hundred day moving average of GBX 751.51.

Insiders Place Their Bets

In other Paragon Banking Group news, insider Nigel S. Terrington bought 26,962 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The shares were purchased at an average price of GBX 790 ($10.08) per share, with a total value of £212,999.80 ($271,787.42). 3.59% of the stock is owned by insiders.

Paragon Banking Group Company Profile

Paragon Banking Group PLC provides financial products and services in the United Kingdom. It operates in two segments, Mortgage Lending and Commercial Lending. The Mortgage Lending segment offers buy-to-let mortgages, as well as includes owner-occupied first and second charge mortgages. The Commercial Lending segment comprises SME lending, such as hire purchase, and finance and operating leases; and provides development finance, motor finance, structured lending, and other products.