Jefferies Financial Group Lowers PageGroup (LON:PAGE) Price Target to GBX 145

PageGroup (LON:PAGE) had its price objective cut by stock analysts at Jefferies Financial Group from GBX 215 to GBX 145 in a research report issued to clients and investors on Friday, MarketBeat.com reports. The brokerage currently has a “hold” rating on the stock. Jefferies Financial Group’s target price indicates a potential upside of 9.10% from the company’s previous close.

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

PageGroup Stock Down 1.6%

Shares of LON:PAGE opened at GBX 132.90 on Friday. The stock has a market cap 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 firm has a fifty day moving average price of GBX 186.61 and a 200 day moving average price of GBX 216.79. The company has a debt-to-equity ratio of 61.62, a current ratio of 1.47 and a quick ratio of 1.77. PageGroup has a 1-year low of GBX 131.49 and a 1-year high of GBX 333.

PageGroup (LON:PAGE) last issued its quarterly earnings data 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%. Sell-side analysts predict that PageGroup will post 23.5923567 EPS for the current year.

Insider Activity at PageGroup

In other PageGroup news, insider Kelvin Stagg sold 38,226 shares of the business’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of GBX 146, for a total value of £55,809.96. Also, insider Ben Stevens acquired 71,583 shares of the company’s stock in a transaction on Thursday, March 5th. The stock was purchased 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 in the last three months. Insiders own 1.10% of the company’s stock.

About PageGroup

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.