PageGroup (LON:PAGE) Trading 22.1% Higher – Should You Buy?

PageGroup plc (LON:PAGE) shares traded up 22.1% during mid-day trading on Monday . The stock traded as high as GBX 153.80 and last traded at GBX 153.80. 2,462,557 shares were traded during trading, a decline of 70% from the average daily volume of 8,303,060 shares. The stock had previously closed at GBX 126.01.

Analysts Set New Price Targets

PAGE has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 260 target price on shares of PageGroup in a report on Wednesday, April 15th. Citigroup lowered their target price on shares of PageGroup from GBX 440 to GBX 300 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Finally, Jefferies Financial Group restated a “hold” rating and set a GBX 125 target price on shares of PageGroup in a research report on Thursday, May 21st. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, PageGroup currently has a consensus rating of “Moderate Buy” and an average target price of GBX 228.33.

PageGroup Stock Performance

The company has a market capitalization of £469.85 million, a P/E ratio of 52.03, a PEG ratio of 0.98 and a beta of 0.93. 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’s 50-day moving average is GBX 120.65 and its two-hundred day moving average is GBX 156.46.

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.