Deutsche Bank Aktiengesellschaft Cuts PageGroup (LON:PAGE) Price Target to GBX 550

PageGroup (LON:PAGE) had its price target lowered by research analysts at Deutsche Bank Aktiengesellschaft from GBX 600 ($7.69) to GBX 550 ($7.04) in a report issued on Tuesday, Digital Look reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price indicates a potential upside of 35.53% from the company’s current price.

PageGroup Stock Performance

LON:PAGE remained flat at GBX 405.80 ($5.20) during midday trading on Tuesday. The company had a trading volume of 3,065,834 shares, compared to its average volume of 491,011. The firm has a market cap of £1.34 billion, a price-to-earnings ratio of 1,690.83, a price-to-earnings-growth ratio of 0.98 and a beta of 1.13. The business’s 50-day simple moving average is GBX 450.10 and its two-hundred day simple moving average is GBX 454.70. PageGroup has a 52-week low of GBX 360 ($4.61) and a 52-week high of GBX 502.50 ($6.44). The company has a debt-to-equity ratio of 36.20, a current ratio of 1.64 and a quick ratio of 1.77.

About PageGroup

PageGroup plc, together with its subsidiaries, provides recruitment consultancy and other ancillary services in the United Kingdom, rest of Europe, the Middle East, Africa, the Asia Pacific, and the Americas. It offers executive search services, such as search, selection, and talent management solutions for organizations on a permanent and interim basis under the Page Executive brand; recruitment services for qualified professional on permanent, temporary, and contract or interim basis under the Michael Page brand; recruitment services to organizations requiring permanent employees and temporary or contract staff at technical and administrative support, professional clerical, and junior management levels under the Page Personnel brand; and flexible recruitment outsourcing services under the Page Outsourcing brand.