Rating Worth Watching: Paragon Group of Companies The PLC (LON:PAG) Equal weight Rating Kept by Analysts at Barclays Capital; With GBX 350.00 Target

November 24, 2016 - By Darrin Black

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

In an analyst note issued to investors and clients on Thursday, 24 November, Paragon Group of Companies The PLC (LON:PAG) stock Equal weight was kept by Barclays Capital. They currently have a GBX 350.00 target price on the stock. Barclays Capital’s target price suggests a potential upside of 0.20% from the company’s last price.

Paragon Group of Companies PLC (LON:PAG) Ratings Coverage

Out of 11 analysts covering Paragon Group of Companies The PLC (LON:PAG), 7 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 64% are positive. GBX 536 is the highest target while GBX 230 is the lowest. The GBX 385.80 average target is 8.97% above today’s (GBX 354.03) stock price. Paragon Group of Companies The PLC has been the topic of 75 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The rating was maintained by Barclays Capital on Thursday, June 30 with “Equal Weight”. The rating was maintained by Barclays Capital with “Equal Weight” on Thursday, June 16. The company was maintained on Monday, October 3 by Peel Hunt. The stock has “Overweight” rating given by Barclays Capital on Wednesday, November 11. Panmure Gordon maintained it with “Hold” rating and GBX 400 target price in Wednesday, November 23 report. Peel Hunt maintained Paragon Group of Companies PLC (LON:PAG) rating on Wednesday, November 23. Peel Hunt has “Buy” rating and GBX 460 price target. The company was maintained on Wednesday, July 20 by Barclays Capital. The stock has “Equal Weight” rating given by Barclays Capital on Friday, February 19. The stock of Paragon Group of Companies PLC (LON:PAG) earned “Buy” rating by Shore Capital on Friday, November 20. On Monday, November 30 the stock rating was maintained by Jefferies with “Buy”.

About 344,065 shares traded hands. Paragon Group of Companies PLC (LON:PAG) has risen 19.44% since April 27, 2016 and is uptrending. It has outperformed by 14.03% the S&P500.

Analysts await Penske Automotive Group, Inc. (NYSE:PAG) to report earnings on February, 9. They expect $0.87 earnings per share, up 7.41% or $0.06 from last year’s $0.81 per share. PAG’s profit will be $74.27M for 14.20 P/E if the $0.87 EPS becomes a reality. After $1.03 actual earnings per share reported by Penske Automotive Group, Inc. for the previous quarter, Wall Street now forecasts -15.53% negative EPS growth.

Insitutional Activity: The institutional sentiment decreased to 0.96 in Q2 2016. Its down 0.19, from 1.15 in 2016Q1. The ratio is negative, as 26 funds sold all Paragon Group of Companies PLC shares owned while 63 reduced positions. 34 funds bought stakes while 68 increased positions. They now own 33.69 million shares or 0.84% less from 33.98 million shares in 2016Q1.

The New York-based Bnp Paribas Arbitrage has invested 0% in Paragon Group of Companies PLC (LON:PAG). Parametric Port Associate Ltd reported 50,727 shares or 0% of all its holdings. Vanguard Group has 0.01% invested in the company for 2.74M shares. owns 20,000 shares or 0.05% of their US portfolio. The Illinois-based Northern Corp has invested 0% in Paragon Group of Companies PLC (LON:PAG). Leuthold Group Inc Llc last reported 120,816 shares in the company. Stoneridge Investment Lc owns 34,309 shares or 0.16% of their US portfolio. Lowe Brockenbrough & owns 22,505 shares or 0.12% of their US portfolio. Towle Co has 0% invested in the company for 90 shares. Suntrust Banks last reported 0% of its portfolio in the stock. Lord Abbett And Lc has invested 0.01% of its portfolio in Paragon Group of Companies PLC (LON:PAG). Moreover, Cubist Systematic Strategies Limited Company has 0.11% invested in Paragon Group of Companies PLC (LON:PAG) for 62,072 shares. Convergence Prtn Limited Liability reported 85,671 shares or 0.37% of all its holdings. Creative Planning accumulated 53 shares or 0% of the stock. The New York-based Teachers has invested 0% in Paragon Group of Companies PLC (LON:PAG).

Insider Transactions: Since July 29, 2016, the stock had 18 insider purchases, and 1 insider sale for $226.27 million net activity. PENSKE ROGER S bought 225,000 shares worth $10.56 million. $21.13 million worth of Paragon Group of Companies PLC (LON:PAG) was bought by PENSKE CORP on Thursday, August 25. Spradlin Shane M. sold $236,719 worth of Paragon Group of Companies PLC (LON:PAG) on Monday, September 12.

The Paragon Group of Companies PLC is engaged in specialist financial services business. The company has a market cap of 1000.00 million GBP. The Firm operates as an independent buy-to-let lender, and as a debt purchaser through its Idem Capital division, where it purchases, co-manages and services secured and unsecured consumer loan portfolios. It has a 9.4 P/E ratio. The Company’s operating divisions include Paragon Mortgages, Idem Capital and Paragon Bank.

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.”

PAG Company Profile

Penske Automotive Group, Inc., incorporated on December 6, 1990, is a transportation services firm that operates automotive and commercial vehicle dealerships in the United States and Western Europe. The Firm distributes commercial vehicles, diesel engines, gas engines, power systems and related parts, and services in Australia and New Zealand. The Firm operates in three divisions: Retail Automotive, which includes the Company’s retail automotive dealership operations; Retail Commercial Truck, which includes its United States retail commercial truck dealership operations, and Other, which include the Company’s retail commercial vehicle dealership operations, commercial vehicle distribution activities and its investments in non-automotive operations.

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