Paragon Banking Group PLC 11.7% potential upside indicated by RBC Capital Markets

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Paragon Banking Group PLC with ticker (LON:PAG) now has a potential upside of 11.7% according to RBC Capital Markets.

PAG.L

RBC Capital Markets set a target price of 875 GBX for the company, which when compared to the Paragon Banking Group PLC share price of 784 GBX at opening today (13/08/2024) indicates a potential upside of 11.7%. Trading has ranged between 439 (52 week low) and 868 (52 week high) with an average of 225,670 shares exchanging hands daily. The market capitalisation at the time of writing is £1,611,705,903.

Penske Automotive Group, Inc. is a diversified international transportation services company. The Company is also engaged in automotive and commercial truck retailing. The Company operates dealerships in the United States, the United Kingdom, Canada, Germany, Italy, Japan and Australia retailers of commercial trucks in North America for freightliner. It operates through four segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments. The Retail Automotive segment consists of its retail automotive dealership operations. The Retail Commercial Truck segment consists of its retail commercial truck dealership operations in the United States and Canada. The Other segment consists of its commercial vehicle and power system distribution operations. The Non-Automotive Investments segment consists of its equity method investments in non-automotive operations, which includes its investment in Penske Transportation Solutions (PTS) and various other investments.



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    Paragon Banking Group PLC has released its trading update for the first quarter of the 2023/24 financial year, showing positive momentum and robust margins.

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