Deutsche Bank Aktiengesellschaft Reaffirms “Buy” Rating for PageGroup (LON:PAGE)

PageGroup (LON:PAGE)‘s stock had its “buy” rating reiterated by equities researchers at Deutsche Bank Aktiengesellschaft in a report issued on Wednesday, Marketbeat reports. They presently have a GBX 260 price objective on the stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 89.29% from the stock’s previous close.

Separately, Jefferies Financial Group restated a “hold” rating and set a GBX 145 price target on shares of PageGroup in a report on Tuesday. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, PageGroup presently has an average rating of “Moderate Buy” and an average target price of GBX 235.

PageGroup Stock Performance

PAGE stock opened at GBX 137.35 on Wednesday. The firm has a 50 day simple moving average of GBX 161.04 and a 200 day simple moving average of GBX 204.96. PageGroup has a 52 week low of GBX 124.10 and a 52 week high of GBX 295.20. The stock has a market cap of £430.37 million, a P/E ratio of 47.36, a P/E/G ratio of 0.98 and a beta of 1.03. The company has a debt-to-equity ratio of 61.62, a quick ratio of 1.77 and a current ratio of 1.47.

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

Insider Buying and Selling at PageGroup

In other news, insider Kelvin Stagg sold 38,226 shares of the company’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 £55,809.96. Also, insider Ben Stevens acquired 71,583 shares of the stock in a transaction dated Thursday, March 5th. The shares were bought at an average cost of GBX 140 per share, for a total transaction of £100,216.20. Insiders have sold a total of 117,579 shares of company stock worth $17,142,756 over the last three months. Corporate 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.