Paragon Banking Group PLC with ticker (LON:PAG) now has a potential upside of 24.2% according to RBC Capital Markets.
RBC Capital Markets set a target price of 700 GBX for the company, which when compared to the Paragon Banking Group PLC share price of 564 GBX at opening today (21/06/2023) indicates a potential upside of 24.2%. Trading has ranged between 365 (52 week low) and 622 (52 week high) with an average of 520,582 shares exchanging hands daily. The market capitalisation at the time of writing is £1,277,355,660.
Penske Automotive Group, Inc. is a transportation services company. The Company operates dealerships in the United States, the United Kingdom, Canada, Germany, Italy, and Japan and retailers of commercial trucks in North America for freightliner. It distributes and retails commercial vehicles, diesel and gas engines, power systems, and related parts and services. Its segments include Retail Automotive, Retail Commercial Truck, Non-Automotive Investments, and Other. The Retail Automotive segment consists of its retail automotive dealership operations. The Retail Commercial Truck consists of its retail commercial truck dealership operations in the United States and Canada. The Non-Automotive Investments segment consists of equity method investments in non-automotive operations, including its investment in Penske transportation solutions (PTS) and other various investments. The Other segment consists of commercial vehicle and power systems distribution operations.
Paragon Banking Group PLC 24.2% potential upside indicated by RBC Capital Markets
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- Written by: Charlotte Edwards
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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.