Shore Capital Reiterates Buy Rating for Paragon Banking Group (LON:PAG)

Paragon Banking Group (LON:PAG)‘s stock had its “buy” rating restated by investment analysts at Shore Capital in a report released on Wednesday,Digital Look reports.

Paragon Banking Group Stock Performance

LON PAG opened at GBX 803.50 ($10.18) on Wednesday. Paragon Banking Group has a 52-week low of GBX 481.40 ($6.10) and a 52-week high of GBX 868 ($11.00). The stock has a market cap of £1.63 billion, a PE ratio of 1,217.42, a P/E/G ratio of 0.50 and a beta of 1.52. The firm has a 50-day moving average of GBX 737.92 and a 200-day moving average of GBX 750.83. The company has a debt-to-equity ratio of 168.79, a quick ratio of 1.48 and a current ratio of 1.21.

Insider Buying and Selling

In other Paragon Banking Group news, insider Nigel S. Terrington purchased 3,248 shares of the stock in a transaction that occurred on Friday, September 27th. The shares were acquired at an average cost of GBX 774 ($9.81) per share, with a total value of £25,139.52 ($31,854.43). 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.