Paragon Banking Group PLC 23.1% Potential Upside Indicated by Societe Generale

Broker Ratings
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Paragon Banking Group PLC with EPIC/TICKER (LON:PAG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Societe Generale. Paragon Banking Group PLC are listed in the Financials sector within UK Main Market. Societe Generale have set a target price of 440 GBX on its stock. This is indicating the analyst believes there is a potential upside of 23.1% from the opening price of 357.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 10 points and increased 77.6 points respectively. The 1 year high for the share price is 555.5 GBX while the year low stock price is currently 217 GBX.

Paragon Banking Group PLC has a 50 day moving average of 351.57 GBX and a 200 Day Moving Average share price is recorded at 441.85. There are currently 256,481,905 shares in issue with the average daily volume traded being 448,666. Market capitalisation for LON:PAG is £885,508,942 GBP.

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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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