PageGroup (PAGE) Upgraded by Numis Securities to Buy

Numis Securities upgraded shares of PageGroup (LON:PAGE) to a buy rating in a research note issued to investors on Thursday. Numis Securities currently has GBX 600 ($8.48) target price on the stock.

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).

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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).

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About PageGroup

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.

Analyst Recommendations for PageGroup (LON:PAGE)

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