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Broker snap: Paragon seen outperforming market
Mon, 01 Dec, 2008
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Broker snap: Paragon seen outperforming market
Wed, 27 Aug 2008, 10:04:00
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Related Market Prices
Name
Value
Percent
Change
Paragon Group Of Companies
39.25p
-5.99%
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KBC Peel Hunt has maintained its 'buy' recommendation on buy-to-let mortgage specialist <b>Paragon</b>, saying its loans are performing better than the market in general.<br /><br />"Investors should appreciate the fact that Paragon benefits from non-recourse financing arrangements with its bond investors, while it has full recourse to guarantees provided by its customers (the buy-to-let landlords)," the broker said.<br /><br />It keeps its 150p target price on Paragon. <br />
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