PageGroup: broker recommendation upgraded to 'buy

(CercleFinance.com) - PageGroup jumps 6% in London, with UBS upgrading its recommendation on the recruitment services group from 'neutral' to 'buy', and raising its target price from 460 to 520 pence.


Leading indicators suggest that markets are close to their low point, while valuation seems to underestimate the potential timing and scale of the earnings recovery", the broker believes.

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