PageGroup (LON:PAGE) Sets New 52-Week Low – Should You Sell?

Shares of PageGroup plc (LON:PAGE) hit a new 52-week low on Monday . The company traded as low as GBX 103.10 and last traded at GBX 103.10, with a volume of 143154719 shares traded. The stock had previously closed at GBX 111.20.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Citigroup decreased their target price on PageGroup from GBX 440 to GBX 300 and set a “buy” rating for the company in a report on Wednesday, April 15th. Jefferies Financial Group reissued a “hold” rating and set a GBX 125 price objective on shares of PageGroup in a research report on Thursday, May 21st. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 260 price objective on shares of PageGroup in a report on Wednesday, April 15th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, PageGroup has an average rating of “Moderate Buy” and an average price target of GBX 228.33.

PageGroup Stock Down 7.3%

The company has a quick ratio of 1.77, a current ratio of 1.47 and a debt-to-equity ratio of 61.62. The company has a market capitalization of £321.02 million, a P/E ratio of 35.55, a price-to-earnings-growth ratio of 0.98 and a beta of 0.93. The company has a 50-day moving average of GBX 126.67 and a two-hundred day moving average of GBX 169.98.

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.