Phoenix Group Holdings Given Add Rating at Oriel Securities Ltd (PHNX)
Phoenix Group Holdings (LON:PHNX)‘s stock had its “add” rating restated by analysts at Oriel Securities Ltd in a research report issued to clients and investors on Wednesday. They currently have a GBX 750 ($12.57) price objective on the stock. Oriel Securities Ltd’s target price indicates a potential upside of 15.56% from the stock’s previous close.
PHNX has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Phoenix Group Holdings in a research note on Thursday, May 1st. They now have a GBX 735 ($12.32) price target on the stock. Separately, analysts at Berenberg Bank reiterated a “hold” rating on shares of Phoenix Group Holdings in a research note on Thursday, April 17th. They now have a GBX 750 ($12.57) price target on the stock. Finally, analysts at Barclays reiterated an “underweight” rating on shares of Phoenix Group Holdings in a research note on Tuesday, April 1st. They now have a GBX 596 ($9.99) price target on the stock. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of GBX 622.67 ($10.44).
Phoenix Group Holdings (LON:PHNX) opened at 652.00 on Wednesday. Phoenix Group Holdings has a 52 week low of GBX 560.52 and a 52 week high of GBX 810.0001. The stock’s 50-day moving average is GBX 657.5 and its 200-day moving average is GBX 700.8. The company’s market cap is £1.456 billion.
Phoenix Group Holdings is a United Kingdom-based company that acquires and manages closed life insurance businesses that are in run-off.
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