Rating Alert: Jefferies International Keeps a “Buy” Rating on Paragon Group of Companies The PLC (LON:PAG) and GBX 490.00 Target

November 25, 2016 - By Dolores Ford

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

They currently have a GBX 490.00 TP on Paragon Group of Companies The PLC (LON:PAG). Jefferies International’s target would suggest a potential upside of 43.55% from the company’s previous stock close. This was disclosed to clients in a report on Friday, 25 November.

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

Out of 12 analysts covering Paragon Group of Companies The PLC (LON:PAG), 7 rate it a “Buy”, 2 “Sell”, while 3 “Hold”. This means 58% are positive. GBX 536 is the highest target while GBX 230 is the lowest. The GBX 391.64 average target is 8.37% above today’s (GBX 361.4) stock price. Paragon Group of Companies The PLC has been the topic of 77 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The firm has “Reduce” rating given on Tuesday, October 6 by Numis Securities. The stock has “Equal Weight” rating given by Barclays Capital on Thursday, June 30. The firm has “Buy” rating given on Tuesday, November 24 by Shore Capital. On Tuesday, October 4 the stock rating was maintained by Barclays Capital with “Equal Weight”. The rating was maintained by Liberum Capital with “Buy” on Wednesday, January 27. The company was maintained on Wednesday, January 27 by Shore Capital. The stock of Paragon Group of Companies PLC (LON:PAG) earned “Equal Weight” rating by Barclays Capital on Thursday, June 16. The firm earned “Buy” rating on Tuesday, March 8 by Liberum Capital. The rating was maintained by Liberum Capital with “Buy” on Thursday, November 26. The stock has “Equal Weight” rating given by Barclays Capital on Thursday, May 26.

About 398,625 shares traded hands. Paragon Group of Companies PLC (LON:PAG) has risen 13.27% since April 28, 2016 and is uptrending. It has outperformed by 7.86% the S&P500.

Analysts await Penske Automotive Group, Inc. (NYSE:PAG) to report earnings on February, 9. They expect $0.87 EPS, up 7.41% or $0.06 from last year’s $0.81 per share. PAG’s profit will be $74.80M for 14.20 P/E if the $0.87 EPS becomes a reality. After $1.03 actual EPS 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 worsened, 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.

Numeric Ltd last reported 0% of its portfolio in the stock. Ftb reported 313 shares or 0% of all its holdings. Moreover, Blue Clay Capital Management Lc has 0.4% invested in Paragon Group of Companies PLC (LON:PAG) for 11,000 shares. Us National Bank De accumulated 0% or 2,690 shares. Metropolitan Life Insurance has invested 0% of its portfolio in Paragon Group of Companies PLC (LON:PAG). Goodnow Inv Group Ltd Co holds 1.63% of its portfolio in Paragon Group of Companies PLC (LON:PAG) for 222,124 shares. Price T Rowe Associates Md holds 0% or 12,304 shares in its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% of its portfolio in Paragon Group of Companies PLC (LON:PAG). Airain Limited accumulated 0.03% or 13,898 shares. The Kansas-based Creative Planning has invested 0% in Paragon Group of Companies PLC (LON:PAG). Bnp Paribas Prtn holds 31,516 shares or 0.01% of its portfolio. Gabelli Funds Ltd Liability Com accumulated 258,484 shares or 0.05% of the stock. Thomas White Intl Ltd holds 0% or 105 shares in its portfolio. Utah Retirement has 0.01% invested in the company for 6,900 shares. Barclays Public Limited Liability Company has 0% invested in the company for 15,936 shares.

Insider Transactions: Since July 29, 2016, the stock had 18 insider purchases, and 1 sale for $226.27 million net activity. PENSKE ROGER S bought $10.56M worth of stock or 225,000 shares. PENSKE CORP had bought 710,121 shares worth $27.76M on Friday, July 29. Spradlin Shane M. also 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 1.01 billion 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 9.09 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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