Numis Securities Reaffirms “Add” Rating for Premier Asset Management Group (PAM)

Numis Securities reissued their add rating on shares of Premier Asset Management Group (LON:PAM) in a research report released on Tuesday morning, Digital Look reports. The brokerage currently has a GBX 257 ($3.36) price target on the stock, down from their prior price target of GBX 266 ($3.48).

Separately, Liberum Capital reissued a buy rating on shares of Premier Asset Management Group in a research report on Tuesday, April 9th.

Shares of LON:PAM opened at GBX 207 ($2.70) on Tuesday. Premier Asset Management Group has a 52 week low of GBX 163 ($2.13) and a 52 week high of GBX 312 ($4.08). The company has a market capitalization of $211.27 million and a price-to-earnings ratio of 18.48.

The business also recently announced a dividend, which will be paid on Friday, June 7th. Investors of record on Thursday, May 2nd will be given a GBX 1.70 ($0.02) dividend. This represents a dividend yield of 0.86%. The ex-dividend date is Thursday, May 2nd. Premier Asset Management Group’s dividend payout ratio (DPR) is 0.63%.

About Premier Asset Management Group

Premier Asset Management Group PLC is a retail asset management group with a focus on delivering investment outcomes for investors through relevant products and active management across its range of investment strategies, which include multi-asset, equity and absolute return funds. The Company offers a range of investment types, including mutual funds, closed-ended investment companies and a portfolio management service.

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