Phoenix Group Holdings (PHNX) Scheduled to Post Quarterly Earnings on Thursday
Phoenix Group Holdings (LON:PHNX) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, August 24th.
Phoenix Group Holdings (LON PHNX) opened at 782.00 on Thursday. The firm’s 50 day moving average price is GBX 767.46 and its 200-day moving average price is GBX 764.26. The company’s market capitalization is GBX 3.06 billion. Phoenix Group Holdings has a 12-month low of GBX 691.00 and a 12-month high of GBX 817.48.
In other news, insider Stephen Jefford purchased 194 shares of the company’s stock in a transaction that occurred on Thursday, July 6th. The shares were bought at an average cost of GBX 771 ($10.01) per share, for a total transaction of £1,495.74 ($1,941.76). Insiders have purchased 250 shares of company stock worth $192,908 over the last 90 days.
A number of equities research analysts have recently weighed in on the company. Deutsche Bank AG reiterated a “buy” rating and issued a GBX 875 ($11.36) price objective on shares of Phoenix Group Holdings in a research report on Thursday, June 15th. J P Morgan Chase & Co lifted their price objective on Phoenix Group Holdings from GBX 826 ($10.72) to GBX 837 ($10.87) and gave the stock an “overweight” rating in a research report on Friday, August 4th. Numis Securities Ltd reiterated a “hold” rating and issued a GBX 785 ($10.19) price objective on shares of Phoenix Group Holdings in a research report on Tuesday, July 18th. HSBC Holdings plc reiterated a “hold” rating and issued a GBX 790 ($10.26) price objective on shares of Phoenix Group Holdings in a research report on Tuesday, June 13th. Finally, Barclays PLC reiterated an “underweight” rating and issued a GBX 673 ($8.74) price objective on shares of Phoenix Group Holdings in a research report on Wednesday, June 28th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the stock. Phoenix Group Holdings currently has a consensus rating of “Buy” and a consensus target price of GBX 803 ($10.42).
About Phoenix Group Holdings
Phoenix Group Holdings is a consolidator of closed life assurance funds specializing in the management and acquisition of closed life and pension funds. The Company’s segment: life assurance (including its management services operations) is referred to as Phoenix Life. It has four operating life companies, which hold policyholder assets and a distribution business, SunLife.
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