Several other analysts have also commented on PAGE. Credit Suisse Group lowered PageGroup to an underperform rating and dropped their target price for the stock from GBX 500 ($7.07) to GBX 430 ($6.08) in a report on Wednesday, January 3rd. Morgan Stanley lowered PageGroup to an underweight rating in a report on Friday, January 5th. Liberum Capital reissued a hold rating and issued a GBX 505 ($7.14) price objective on shares of PageGroup in a report on Wednesday, January 10th. Deutsche Bank reissued a sell rating and issued a GBX 380 ($5.37) price objective on shares of PageGroup in a report on Thursday, January 11th. Finally, Investec raised their price objective on PageGroup from GBX 450 ($6.36) to GBX 480 ($6.78) and gave the company a hold rating in a report on Thursday, January 11th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of GBX 519.58 ($7.34).
PageGroup stock opened at GBX 529.50 ($7.48) on Thursday. PageGroup has a 52 week low of GBX 414.50 ($5.86) and a 52 week high of GBX 566 ($8.00).
The firm also recently disclosed a dividend, which will be paid on Monday, June 18th. Shareholders of record on Thursday, May 17th will be issued a GBX 8.60 ($0.12) dividend. This represents a yield of 1.63%. The ex-dividend date is Thursday, May 17th.
In other PageGroup news, insider Kelvin Stagg sold 22,207 shares of the firm’s stock in a transaction that occurred on Tuesday, March 20th. The stock was sold at an average price of GBX 535 ($7.56), for a total value of £118,807.45 ($167,925.72).
PageGroup plc, together with its subsidiaries, provides recruitment consultancy and support services in the United States and internationally. It offers recruitment services for executive, second/third job, technical and administrative support, professional clerical, and junior management levels on a permanent, temporary, contract, and interim basis.
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