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Phoenix Group Holdings (LON: PHNX) received a number of ratings updates from brokerages and research firms in the last week:

  • Phoenix Group Holdings had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a GBX 915 ($15.14) price target on the stock.
  • Phoenix Group Holdings had its “buy” rating reaffirmed by analysts at Berenberg Bank. They now have a GBX 750 ($12.41) price target on the stock.
  • Phoenix Group Holdings had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a GBX 800 ($13.24) price target on the stock.
  • Phoenix Group Holdings had its price target raised by analysts at Deutsche Bank from GBX 735 ($12.16) to GBX 740 ($12.25). They now have a “hold” rating on the stock.
  • Phoenix Group Holdings had its price target raised by analysts at Liberum Capital from GBX 735 ($12.16) to GBX 740 ($12.25). They now have a “hold” rating on the stock.
  • Phoenix Group Holdings was upgraded by analysts at Barclays to an “equal weight” rating. They now have a GBX 713 ($11.80) price target on the stock.

Shares of Phoenix Group Holdings (LON:PHNX) traded up 1.96% on Tuesday, hitting GBX 752.50. The stock had a trading volume of 842,665 shares. Phoenix Group Holdings has a 1-year low of GBX 560.52 and a 1-year high of GBX 853.50. The stock has a 50-day moving average of GBX 687.0 and a 200-day moving average of GBX 681.4. The company’s market cap is £1.693 billion.

The company also recently announced a dividend, which is scheduled for Thursday, October 2nd. Stockholders of record on Wednesday, September 3rd will be paid a dividend of GBX 26.70 ($0.44) per share. This represents a dividend yield of 3.63%. The ex-dividend date is Wednesday, September 3rd.

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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