Paragon Banking Group (PAG)

Sector:

Financials

Index:

FTSE 250

755.00p
   
  • Change Today:
      3.50p
  • 52 Week High: 807.50p
  • 52 Week Low: 666.50p
  • Currency: UK Pounds
  • Shares Issued: 200.62m
  • Volume: 362,156
  • Market Cap: £1,514.69m
  • RiskGrade: 172
  • Beta: 0.03

RBC Capital upgrades Paragon Banking Group

By Michele Maatouk

Date: Wednesday 13 Dec 2023

LONDON (ShareCast) - (Sharecast News) - RBC Capital Markets upgraded Paragon Banking Group on Wednesday to 'outperform' from 'sector perform' and hiked the price target to 850p from 700p.
"One of our key takeaways from this reporting season was that we had underappreciated the quality of PAG," it said.

"In our view, the bank has irresistible momentum going into next year."

RBC said operating trends are "impressive", and there are potential catalysts from a softening of Basel 3.1 and IRB approval.

"Do we prefer PAG or One Savings Bank here? It's a tough call, as OSB's valuation is more depressed, but PAG seems like the cleaner story going into 2024," it added.

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

Note 2: RiskGrade figures are provided by RiskMetrics.

 

PAG Market Data

Currency UK Pounds
Share Price 755.00p
Change Today 3.50p
% Change 0.47 %
52 Week High 807.50p
52 Week Low 666.50p
Volume 362,156
Shares Issued 200.62m
Market Cap £1,514.69m
Beta 0.03
RiskGrade 172

PAG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
2.97% above the market average2.97% above the market average2.97% above the market average2.97% above the market average2.97% above the market average
44.23% below the sector average44.23% below the sector average44.23% below the sector average44.23% below the sector average44.23% below the sector average
Price Trend
63.38% above the market average63.38% above the market average63.38% above the market average63.38% above the market average63.38% above the market average
47.27% above the sector average47.27% above the sector average47.27% above the sector average47.27% above the sector average47.27% above the sector average
Income
84.53% above the market average84.53% above the market average84.53% above the market average84.53% above the market average84.53% above the market average
57.38% above the sector average57.38% above the sector average57.38% above the sector average57.38% above the sector average57.38% above the sector average
Growth
25.98% above the market average25.98% above the market average25.98% above the market average25.98% above the market average25.98% above the market average
14.58% above the sector average14.58% above the sector average14.58% above the sector average14.58% above the sector average14.58% above the sector average

What The Brokers Say

Strong Buy 5
Buy 3
Neutral 4
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.

PAG Dividends

  Latest Previous
  Final Interim
Ex-Div 06-Feb-25 04-Jul-24
Paid 07-Mar-25 26-Jul-24
Amount 27.20p 13.20p

Trades for 02-Apr-2025

Time Volume / Share Price
16:48 660 @ 755.00p
16:35 126,983 @ 755.00p
16:35 1,464 @ 755.00p
16:35 304 @ 755.00p
16:35 357 @ 755.00p

PAG Key Personnel

CEO Nigel S Terrington
CFO Richard Woodman

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