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Paragon Banking Group PLC ( (GB:PAG) ) has shared an update.
Paragon Banking Group PLC announced that its Executive Directors have acquired ordinary shares as part of the company’s Salary in Shares arrangement. This initiative, which forms part of the Directors’ Remuneration Policy, involves delivering 20% of salary in shares, purchased quarterly and released over five years. The recent transactions highlight the company’s commitment to aligning management interests with shareholder value, potentially enhancing stakeholder confidence.
The most recent analyst rating on (GB:PAG) stock is a Hold with a £10.15 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 operates in the financial services industry, focusing on banking services. The company offers a range of financial products, including mortgages, loans, and savings accounts, primarily targeting the UK market.
Average Trading Volume: 387,761
Technical Sentiment Signal: Buy
Current Market Cap: £1.64B
For an in-depth examination of PAG stock, go to TipRanks’ Overview page.