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The latest update is out from Paragon Banking Group PLC ( (GB:PAG) ).
Paragon Banking Group PLC has reported a change in the voting rights held by JPMorgan Asset Management Holdings Inc. The notification indicates that JPMorgan’s voting rights in Paragon have increased to 5.724273%, up from a previous position of 5.147938%. This change in holdings could potentially influence Paragon’s decision-making processes and reflects JPMorgan’s increased interest in the company.
The most recent analyst rating on (GB:PAG) stock is a Buy with a £875.00 price target. To see the full list of analyst forecasts on Paragon Banking Group PLC stock, see the GB:PAG Stock Forecast page.
Spark’s Take on GB:PAG Stock
According to Spark, TipRanks’ AI Analyst, GB:PAG is a Outperform.
Paragon Banking Group PLC’s stock is well-supported by strong financial performance and attractive valuation. The strategic share buyback program further enhances shareholder value. However, caution is advised due to potential short-term volatility as indicated by technical analysis. Overall, the stock presents an appealing opportunity for value investors.
To see Spark’s full report on GB:PAG stock, click here.
More about Paragon Banking Group PLC
Paragon Banking Group PLC is a UK-based financial services company that primarily operates in the banking sector. The company offers a range of products and services, including savings accounts, loans, and mortgage services, with a focus on serving both individual and business customers.
Average Trading Volume: 356,134
Technical Sentiment Signal: Buy
Current Market Cap: £1.79B
For an in-depth examination of PAG stock, go to TipRanks’ Overview page.