Sunday share tips: Paragon Banking Group, Lloyds Bank
19th May 2019 16:35
(Sharecast News) - In her 'Inside the City' column for the Sunday Times, Emma Dunkley mused about how an uncertain economic outlook, low interest rates and increasing competition in the mortgage market was making it an interesting time to be a banker.
Read moreParagon Banking backs guidance as Q1 new lending rises 41%
28th Jan 2019 07:28
(Sharecast News) - Paragon Banking Group backed its full-year guidance on Monday as it posted a 40.6% jump in first-quarter total new lending.
Read moreParagon profits push higher as diversification pays off
21st Nov 2018 08:46
(Sharecast News) - Full-year profits at Paragon Banking Group rose as the bank's efforts to diversify began to bear fruit.
Read moreFriday broker round-up
21st Sep 2018 12:12
(Sharecast News) - Paragon Banking Group: RBC Capital Markets downgrades to sector performer with a target price of 500p.
Read moreRBC Capital starts Paragon at 'sector perform'
21st Sep 2018 08:05
(Sharecast News) - RBC Capital Markets initiated coverage of Paragon Banking Group at 'sector perform' with a 500p price target on Friday, noting that buy-to-let growth is still strong and Paragon is the only lender with an expanding margin.
Read moreTuesday broker round-up
18th Sep 2018 12:51
(Sharecast News) - Petra Diamonds: Citigroup upgrades to buy with a target price of 70p.
Read moreAcquisition and disposal drive year-end progress at Paragon
18th Sep 2018 07:23
(Sharecast News) - Paragon Banking Group updated the market on its trading on Tuesday, ahead of its 30 September year-end, reporting that it had continued to operate in line with its own expectations.
Read moreMonday broker round-up
23rd Jul 2018 12:53
(Sharecast News) - Hargreaves Lansdown: Jefferies downgrades to underperform with a target price of 1,650p.
Read moreParagon pleased with year-to-date performance after Titlestone purchase
23rd Jul 2018 07:23
(Sharecast News) - Paragon Banking Group updated the market on its performance from 1 October to 30 June on Monday, reporting that it was continuing to operate in line with its board's expectations.
Read moreMonday broker round-up
30th Jan 2017 13:05
(ShareCast News) - BT: Barclays reiterates overweight with a target price of 475p. ITV: Jefferies reiterates buy, 230p target. Phoenix: Deutsche Bank restarts coverage at buy with a 835p target. Paragon Group: JP Morgan reiterates underweight with a 355p target. Inmarsat: Deutsche Bank reiterates
Read moreParagon quarterly profit in line with expectations
27th Jan 2017 08:14
(ShareCast News) - Banking group Paragon's first quarter profits were in line with expectations due to cost controls and good trends in high margins and volumes, as the company transitions to a lending and operational model. The FTSE 250 company made profit of £33.1m in the quarter ended 31 December
Read moreLiberum initiates coverage of challenger banks, prefers OneSavings
13th Dec 2016 10:09
(ShareCast News) - Liberum initiated coverage of five challenger banks with three 'buy' recommendations and two 'hold' stances. The brokerage started OneSavings Bank, Shawbrook and Aldermore at 'buy' with price targets of 395p, 290p and 245p, respectively. It said OneSavings is making regulatory ch
Read moreFTSE 250 movers: Paragon Group jumps, AMEC sinks
25th Nov 2016 20:13
(ShareCast News) - Paragon Group led to the upside on the back of a positive endorsement from broker Jefferies. Analyst Phil Dobbin said: "Paragon is evolving from a securitized non-bank lender to a more diversified retail funded banking group. We believe that the company has the ability to gain mar
Read moreFriday broker round-up
25th Nov 2016 17:30
(ShareCast News) - Essentra: Jefferies keeps at buy with a target price of 445p. Rio Tinto: HBSC stays at buy 3300p target. Legal & General: Berenberg reiterates buy with a 301p target. Jardine Lloyd Thomson: HSBC reiterates buy with a 1100p target. Diageo: Credit Suisse keeps at outperform with
Read moreBoA Merrill downgrades Paragon on valuation
24th Nov 2016 12:04
(ShareCast News) - Bank of America Merrill Lynch downgraded Paragon Group to 'underperform' from 'neutral' on valuation grounds. It noted the shares are up 5% year to date and 20% above their pre-Brexit levels, with Paragon the best-performing UK specialist lender in its coverage. The bank inc
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