Phoenix Group Holdings Receives Consensus Rating of “Hold” from Analysts (LON:PHNX)
Shares of Phoenix Group Holdings (LON:PHNX) have been given a consensus rating of “Hold” by the nine brokerages that are covering the stock, StockRatingsNetwork.com reports. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is GBX 620.67 ($10.43).
Phoenix Group Holdings (LON:PHNX) opened at 655.00 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 has a 50-day moving average of GBX 658.6 and a 200-day moving average of GBX 699.0. The company’s market cap is £1.463 billion.
PHNX has been the subject of a number of recent research reports. Analysts at Investec reiterated a “hold” rating on shares of Phoenix Group Holdings in a research note on Tuesday. They now have a GBX 120 ($2.02) price target on the stock. Separately, analysts at Oriel Securities Ltd reiterated an “add” rating on shares of Phoenix Group Holdings in a research note on Wednesday, June 4th. They now have a GBX 750 ($12.61) price target on the stock. Finally, 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 ($12.36) price target on the stock.
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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