Pagegroup (LON:PAGE) had its target price cut by stock analysts at UBS Group from GBX 600 ($7.84) to GBX 520 ($6.79) in a research report issued to clients and investors on Thursday, investing.thisismoney.co.uk reports. The firm currently has a “neutral” rating on the stock. UBS Group’s price target suggests a potential upside of 4.33% from the stock’s previous close.
A number of other brokerages have also recently commented on PAGE. Liberum Capital reiterated a “hold” rating on shares of Pagegroup in a research report on Wednesday, August 8th. Kepler Capital Markets cut shares of Pagegroup to a “hold” rating and lifted their target price for the stock from GBX 560 ($7.32) to GBX 600 ($7.84) in a research report on Thursday, July 12th. Credit Suisse Group upgraded shares of Pagegroup to an “outperform” rating and decreased their target price for the stock from GBX 600 ($7.84) to GBX 575 ($7.51) in a research report on Tuesday, October 16th. Numis Securities cut shares of Pagegroup to an “add” rating and set a GBX 650 ($8.49) price objective on the stock. in a research report on Thursday, July 12th. Finally, Morgan Stanley boosted their price objective on shares of Pagegroup from GBX 458 ($5.98) to GBX 590 ($7.71) and gave the company an “equal weight” rating in a research report on Thursday, September 27th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of GBX 563.62 ($7.36).
Shares of LON:PAGE opened at GBX 498.40 ($6.51) on Thursday. Pagegroup has a 52 week low of GBX 414.50 ($5.42) and a 52 week high of GBX 566 ($7.40).
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.
Further Reading: Relative Strength Index
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