PageGroup Announces Change in Major Shareholder Holdings

The latest announcement is out from PageGroup ( (GB:PAGE) ).

PageGroup Plc, a recruitment company, has announced a change in its major holdings. Apex Group Fiduciary Services Limited, acting as a trustee for the Michael Page Employees’ Benefit Trust, has increased its voting rights from 4.90% to 5.28%. This change in voting rights reflects a strategic adjustment in the company’s shareholder structure, potentially impacting its governance and decision-making processes.

The most recent analyst rating on (GB:PAGE) stock is a Hold with a £440.00 price target. To see the full list of analyst forecasts on PageGroup stock, see the GB:PAGE Stock Forecast page.

Spark’s Take on GB:PAGE Stock

According to Spark, TipRanks’ AI Analyst, GB:PAGE is a Neutral.

PageGroup’s overall stock score is primarily driven by financial challenges and a neutral technical outlook. While strong cash flow management and a high dividend yield are positive, declining profitability and economic challenges weigh on the score. Successful corporate governance events provide some support, but strategic adjustments are necessary to counteract economic headwinds.

To see Spark’s full report on GB:PAGE stock, click here.

More about PageGroup

Average Trading Volume: 663,745

Technical Sentiment Signal: Sell

Current Market Cap: £850.2M

For a thorough assessment of PAGE stock, go to TipRanks’ Stock Analysis page.