Phoenix Group Holdings (LON:PHNX) has received an average recommendation of “Hold” from the nine research firms that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 794.63 ($10.78).

A number of analysts have recently issued reports on the stock. Deutsche Bank lowered shares of Phoenix Group to a “hold” rating and reduced their price target for the stock from GBX 875 ($11.87) to GBX 800 ($10.85) in a research report on Thursday, January 4th. HSBC increased their price target on shares of Phoenix Group from GBX 810 ($10.98) to GBX 820 ($11.12) and gave the stock a “hold” rating in a research report on Thursday, November 23rd. Finally, Barclays cut their price objective on shares of Phoenix Group from GBX 673 ($9.13) to GBX 664 ($9.00) and set an “underweight” rating on the stock in a research report on Monday, December 11th.

Shares of Phoenix Group (LON PHNX) traded down GBX 5.50 ($0.07) on Tuesday, hitting GBX 782.50 ($10.61). 889,891 shares of the company’s stock traded hands, compared to its average volume of 607,733. Phoenix Group has a one year low of GBX 715.50 ($9.70) and a one year high of GBX 817.48 ($11.09). The firm has a market capitalization of $3,080.00 and a PE ratio of -1,326.27.

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About Phoenix Group

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.

Analyst Recommendations for Phoenix Group (LON:PHNX)

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