Pagegroup (PAGE)

Sector:

Support

Index:

FTSE 250

438.00p
   
  • Change Today:
    -2.00p
  • 52 Week High: 498.40
  • 52 Week Low: 365.00
  • Currency: UK Pounds
  • Shares Issued: 328.62m
  • Volume: 865,515
  • Market Cap: £1,439.35m

Jefferies downgrades PageGroup to 'underperform'

By Michele Maatouk

Date: Wednesday 07 Dec 2022

LONDON (ShareCast) - (Sharecast News) - Jefferies downgraded its stance on PageGroup on Wednesday as it took a look at European recruiters.
The bank cut PageGroup to 'underperform' from 'hold' because recent share price outperformance and the premium EV/net fee multiple sits at odds with its exposure to permanent recruitment and China. It lifted the price target to 400p from 360p.

Jefferies reiterated its 'buy' rating on Hays and upped the price target to 135p from 125p, saying it offers high exposure to structural growth markets - Germany, IT, green infrastructure - at a modest valuation.

It left Randstad at 'underperform', saying it has an unattractive risk/reward over the next 12 months because its premium EV/net fee multiple is vulnerable to a de-rating. Jefferies increased the price target on Randstad to €42 from €36.

The bank kept Adecco and SThree at 'hold' and lifted the price targets to CHF34 from CHF29 and to 390p from 320p, respectively.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Pagegroup Market Data

Currency UK Pounds
Share Price 438.00p
Change Today -2.00p
% Change -0.45 %
52 Week High 498.40
52 Week Low 365.00
Volume 865,515
Shares Issued 328.62m
Market Cap £1,439.35m

Pagegroup Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
30.56% below the market average30.56% below the market average30.56% below the market average30.56% below the market average30.56% below the market average
28.89% below the sector average28.89% below the sector average28.89% below the sector average28.89% below the sector average28.89% below the sector average
Price Trend
19.43% above the market average19.43% above the market average19.43% above the market average19.43% above the market average19.43% above the market average
10.89% above the sector average10.89% above the sector average10.89% above the sector average10.89% above the sector average10.89% above the sector average
Income
61.81% above the market average61.81% above the market average61.81% above the market average61.81% above the market average61.81% above the market average
43.75% above the sector average43.75% above the sector average43.75% above the sector average43.75% above the sector average43.75% above the sector average
Growth
70.96% below the market average70.96% below the market average70.96% below the market average70.96% below the market average70.96% below the market average
82% below the sector average82% below the sector average82% below the sector average82% below the sector average82% below the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 9
Sell 0
Strong Sell 0
Total 12
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Pagegroup Dividends

  Latest Previous
  Final Special
Ex-Div 16-May-24 31-Aug-23
Paid 21-Jun-24 13-Oct-23
Amount 11.24p 15.87p

Trades for 16-Apr-2024

Time Volume / Share Price
16:42 112,500 @ 438.40p
16:35 530,214 @ 438.00p
16:35 421 @ 438.00p
16:35 5,417 @ 438.00p
16:35 5,417 @ 438.00p

Pagegroup Key Personnel

CFO Kelvin Stagg

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