Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Paragon Banking Group PLC ( (GB:PAG) ) has issued an update.
Paragon Banking Group PLC has executed a share buyback program, purchasing 80,000 of its ordinary shares at an average price of 876.1102p per share. This move is part of a broader £50 million buyback initiative announced earlier in June 2025, aimed at optimizing the company’s capital structure and potentially enhancing shareholder value. Following this transaction, Paragon holds 2,835,458 shares in treasury, with 194,569,502 shares remaining in issue, impacting the total voting rights available to shareholders.
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 within the financial services industry, focusing on providing a range of banking products and services. The company is known for its market presence in the UK, offering savings accounts, loans, and other financial solutions to individual and business clients.
Average Trading Volume: 407,389
Technical Sentiment Signal: Buy
Current Market Cap: £1.69B
For a thorough assessment of PAG stock, go to TipRanks’ Stock Analysis page.