Phoenix IT Group plc’s Hold Rating Reaffirmed at Numis Securities Ltd (PNX)
Phoenix IT Group plc (LON:PNX)‘s stock had its “hold” rating reiterated by Numis Securities Ltd in a research note issued on Tuesday. They currently have a GBX 95 ($1.59) target price on the stock. Numis Securities Ltd’s price target would suggest a potential upside of 2.01% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Westhouse Securities reiterated an “add” rating on shares of Phoenix IT Group plc in a research note on Tuesday. They now have a GBX 128 ($2.15) price target on the stock. Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of Phoenix IT Group plc in a research note on Tuesday. They now have a GBX 139 ($2.33) price target on the stock. Finally, analysts at Investec reiterated a “hold” rating on shares of Phoenix IT Group plc in a research note on Wednesday, July 16th. They now have a GBX 120 ($2.01) price target on the stock. Six analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company has an average rating of “Hold” and an average target price of GBX 127 ($2.13).
Phoenix IT Group plc (LON:PNX) opened at 93.13 on Tuesday. Phoenix IT Group plc has a one year low of GBX 85.75 and a one year high of GBX 166.00. The stock’s 50-day moving average is GBX 89.98 and its 200-day moving average is GBX 106.2. The company’s market cap is £77.3 million.
Phoenix IT Group plc is a United Kingdom-based company is engaged in the provision of information technology and business continuity services.
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