PageGroup (LON:PAGE) Price Target Cut to GBX 145 by Analysts at Jefferies Financial Group

PageGroup (LON:PAGE) had its target price reduced by Jefferies Financial Group from GBX 215 to GBX 145 in a research note published on Friday morning, Marketbeat reports. Jefferies Financial Group currently has a hold rating on the stock.

Separately, Deutsche Bank Aktiengesellschaft cut their price objective on shares of PageGroup from GBX 450 to GBX 400 and set a “buy” rating on the stock in a report on Monday, December 1st. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, PageGroup currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 272.50.

PageGroup Stock Performance

Shares of LON:PAGE opened at GBX 132.90 on Friday. The company has a current ratio of 1.47, a quick ratio of 1.77 and a debt-to-equity ratio of 61.62. PageGroup has a 1-year low of GBX 131.49 and a 1-year high of GBX 333. The stock has a market capitalization of £416.42 million, a P/E ratio of 35.92, a P/E/G ratio of 0.98 and a beta of 0.89. The business has a 50-day moving average price of GBX 186.61 and a two-hundred day moving average price of GBX 216.85.

PageGroup (LON:PAGE) last issued its earnings results on Thursday, March 5th. The company reported GBX 2.90 earnings per share (EPS) for the quarter. PageGroup had a net margin of 0.56% and a return on equity of 4.18%. Equities analysts predict that PageGroup will post 23.5923567 earnings per share for the current year.

Insiders Place Their Bets

In other PageGroup news, insider Nick Kirk sold 55,575 shares of the firm’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of GBX 146, for a total transaction of £81,139.50. Also, insider Ben Stevens bought 71,583 shares of the firm’s stock in a transaction dated Thursday, March 5th. The shares were bought at an average price of GBX 140 per share, with a total value of £100,216.20. Over the last quarter, insiders have sold 117,579 shares of company stock worth $17,142,756. Insiders own 1.10% of the company’s stock.

PageGroup Company Profile

PageGroup Changes Lives…

That’s our PageGroup Purpose, delivered by c.7,300 people in 36 countries, with a gross profit of over £842.6m in 2024. Our four core  PageGroup brands are supported by specialised recruitment teams operating across 25 disciplines.

As a FTSE 250 company, a lot has changed since we were set up in 1976 and the Group continues to grow and evolve. What hasn’t changed is our commitment to the success of our clients and candidates, and our own people.

PageGroup’s strategy is geared for the long-term.